Global international companies make headlines, but they are not the only firms operating in the UK. Small and medium businesses employ 60% of the people in the private sector, and have over half the turnover in that sector. Does anyone know what is being planned both in financial and in operational terms by either of the political parties to help them survive the coming Brexit earthquake?
SMEs may be worst affected by Brexit, research suggests BBC News, Scotland.
"Small businesses accounted for 99.3% of all private sector businesses at the start of 2017 and 99.9% were small or medium-sized (SMEs).
Total employment in SMEs was 16.1 million; 60% of all private sector employment in the UK.
The combined annual turnover of SMEs was £1.9 trillion, 51% of all private sector turnover in the UK."
www.fsb.org.uk/media-centre/small-business-statistics
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