Week 11 - UK Business Stats Flashcards
1
Q
As of early 2025, how many private sector businesses are in the UK?
A
Approximately 5.5 million
2
Q
What is total SME (small medium enterprises) employment in 2025?
A
16.1 million (around 61% of all private sector jobs)
3
Q
The 8000 large firms (250+ employees) in the UK accounted for…
A
45% of the overall earnings
4
Q
How many businesses in the UK are sole proprietorships?
A
More than half 4.1 million
5
Q
As of 2025, how many private sector businesses are in the UK?
A
Approximately 5.5 million
6
Q
How many private sector businesses have employees?
A
1.38 million
7
Q
How many private sector businesses do not have employees?
A
4.1 million (e.g self-employed), meaning roughly 74% of businesses do not employ anyone besides the owner
