I speak with Liz Barclay (IoD Special Adviser, Small Business and Entrepreneurship) about the importance of small businesses for the economy, as well as the growth of open talent and how companies and organisations are adapting to include/work with freelancers. We also discuss the policies that need to be introduced in order to help SMEs and open talent.
Category Archives: Uk Statistics
UK statistics
The scale of micro and small businesses in the UK 99.9% of UK businesses are small or medium sized. 95% are micro-businesses (0–9 employees). Together micro, small and medium sized businesses employ 16.7 million people (61% of total private sector employment). Source: Department for Business and Trade (DBT), Business Population Estimates for the UK and Regions 2023 – Published October 2023. 🔗 Business Population Estimates 2023 – Gov.uk Time spent finding information and administration burdensContinue reading “UK statistics”
UK geographic regions where micro and small businesses are most disadvantaged
North East England ● Lowest business density in England (fewer businesses per 10,000 population).● High levels of economic inactivity and structural unemployment, reducing local customer bases.● Limited access to finance and private investment compared to London and the South East.(Source: DBT Business Population Estimates 2023, FSB regional analysis) Yorkshire and the Humber ● Persistent productivity gaps compared to national average.● Rural and semi-rural areas face broadband connectivity limitations, affecting digital adoption.● Lower levels of privateContinue reading “UK geographic regions where micro and small businesses are most disadvantaged”
Business 111 – Media Briefing Note
Q&A with Liz Barclay, Business 111 What is Business 111? Business 111 is a 24-hour digital navigation tool for micro and small businesses. We aggregate public and commercial information into clear, practical guidance and connect business owners to the right resources and contacts whenever they need them given the stage their business is at. Why is Business 111 being launched? Running a micro or small business can be isolating and overwhelming, especially when urgent questionsContinue reading “Business 111 – Media Briefing Note”