United Kingdom · Question · Written question
UIN 3247
Economic Growth: Small Businesses
Original
Introduced
20 May 2026
Last action
1 June 2026 · Answer
Status
Answered
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Discovery layer
Source updated
1 June 2026
Summary
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of small businesses on economic growth.
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Timeline
20 May 2026
Written question
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of small businesses on economic growth.
Source: Commons
1 June 2026
Answer
Small and medium-sized enterprises (SMEs) account for 5.7 million businesses, representing over 99.9% of the business population, and make a substantial contribution to UK economic activity. They generate around 51% of UK private sector turnover (£2.8 tri...
Source: Written answer
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- · Department for Business and Trade · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2026-05-20/3247
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1907796
- uk · wq-1907796 · source updated 1 June 2026