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The UK’s micro business population is booming. Defined as firms with 0-9 employees, there are now 5m such businesses in the UK, up from 3.5m in 2000. In contrast, the populations of all other firm sizes have either increased only marginally or fallen over the...
The UK is experiencing a boom in microbusinesses and self-employment. Today there are 600,000 more microbusinesses (firms with zero to nine employees) in existence than there were when the recession first began in 2008, and 40 percent more than at the turn of the century....