A new study has revealed that the number of small, medium and large businesses operating in the UK reached an all-time high at the beginning of this year.<\/p>\n
The figures come from data gathered by the Department for Business, Energy and Industrial Strategy (BEIS) \u2013 and suggest that Britain\u2019s business world is thriving.<\/p>\n
At the beginning of 2016, there were 5.5million private sector firms operating in the UK, according to BEIS.<\/p>\n
Data found that small businesses were leading the way \u2013 equating to approximately one million of all new businesses recorded at the beginning of the year.<\/p>\n
Up to 4,000 medium-sized businesses and 900 large businesses were new in comparison, according to BEIS\u2019 statistics.<\/p>\n
Commenting on the data, Business and Energy Secretary, Greg Clark, said: \u201cBritain\u2019s businesses are the heroes of our economic revival and it is great to see the number of businesses rise by over a million since 2010.<\/p>\n
\u201cOur job creators don\u2019t always get the praise and respect they deserve but we should be proud of our entrepreneurs, business leaders and innovators.<\/p>\n
\u201cThe Government is committed to ensuring Britain builds on its success and is the best place to start and grow a business.\u201d<\/p>\n
Adam Marshall, director general of the British Chamber of Commerce, added: \u201cIt\u2019s great that the UK remains a fantastic place to start a business, and that we\u2019re seeing more firms making the leap from start-ups to larger firms.<\/p>\n
\u201cThe challenge now, at a time of transition and change, is to ensure the best possible environment for businesses to invest, recruit and grow.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
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