In conversation with business leaders: here’s what SMEs like mine need from the Chancellor
…age businesses to regional economic growth? Incredibly important! 99.9% of UK firms are small or medium sized, so SMEs are absolutely critical to regional economic growth and to the UK economy as a whole. SMEs account for 61% of employment and 51% of turnover in the UK according the 2022 government figures. SMEs create new jobs, train and upskill staff and often use local suppliers, meaning that supporting regional SMEs and early-stage businesses…