Question follow-through · 5663

Small Businesses: Economic Growth

To ask the Secretary of State for Business and Trade, if he will make an estimate of the proportion of economic growth that will be created by small and medium-sized enterprises in the next five years.

answeredDepartment for Business and Trade

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Department for Business and Trade
Tabled
12 Sept 2024
Target answer date
7 Oct 2024
Answer
11 Oct 2024 · 29 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

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Recorded timeline

  1. 12 Sept 2024

    Question tabled

    To ask the Secretary of State for Business and Trade, if he will make an estimate of the proportion of economic growth that will be created by small and medium-sized enterprises in the next five years.

  2. 7 Oct 2024

    Target answer date

    Date supplied by the official written-questions record.

  3. 11 Oct 2024

    Answer published

    Small and Medium Enterprises make a significant contribution to economic growth, they currently represent 99.9% of the UK’s business population, account for 16.7 million jobs (61% of total UK employment), and generate £2.4 trillion in annual turnover (53%...

Open official record

Official data retrieved 27 Sept 2026.

Later records

Possible follow-up questions

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