the business population of the UK was estimated to have increased by 102,000 to 4.9m at the start of 2013 according to statistics from the Business Department (BIS) and the ONS. It continues a steady growth since 2000 and 2013 is the highest estimate yet.
The rise is mainly due to the increase in the number of small, non-employing businesses, up 127,000. The growth is offset by a fall in the number of employing businesses of 26,000.
The 4.9m private sector businesses employed a total of 24.3m people and had a combined turnover of £3,300bn. Of these 99.9% are SMEs employing 14.4m people (59.3% of private sector employment) accounting for £1,600bn or 48.1% of private sector turnover.
The majority of private sector businesses were sole proprietorships, 28.5% were companies and 8.9% were partnerships and 75.3% did not employ anyone beside the business owner.
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