● As of early 2023, there were 5.5 million private sector businesses in the UK.● 99.9% are micro, small or medium sized, with 95% being micro-businesses (0–9 employees).● Collectively these businesses employ 16.7 million people, which accounts for 6 in 10 of the total private sector employment.Insight:The UK economy is driven by micro and smallContinue reading “Business Population Estimates 2023 (Department for Business and trade)”