CBI: SMEs
Business issues

SMEs

Small and medium-sized businesses account for 99.9% of private sector companies and provide 60% of private sector jobs. These enterprises have an important role to play in driving growth, opening new markets and creating jobs

Small and medium-sized businesses are the life-blood of the UK’s economy, but face specific challenges. The CBI is committed to developing robust policy in areas such as access to finance, exports and regulation to ensure that small businesses can reach their growth potential and become the medium-sized businesses of tomorrow.

Medium-sized businesses are often overlooked by policy makers. Data on them is scarce and policy is rarely targeted to their needs. We need to do more to recognise these "future champions" of the British economy and do what we can to let them fulfil their potential, which could inject a possible £20 billion into the economy by 2020.

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