Number of small businesses hits a record high

New figures released ahead of Small Business Saturday show there is now more small businesses in the UK than ever before.

The number of small businesses in the UK has reached a record high of 5.7 million, according to new Government figures.

Combined, these businesses have contributed a whopping £1.9tn to the economy this year alone.

The figures were released ahead of Small Business Saturday, a campaign set up to support independent businesses.

The campaign, now in its fifth year, shines a light on the diverse range of small firms across the country.

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