VOL. NO: 58      DATE:
 

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AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

Minister announces new approach to engaging small business

SMALL BUSINESS owners and the UK's main business representative organisations have recently met for the first of a new series of round table meetings to discuss key issues facing the UK's 4.3 million small and medium enterprises (SMEs).

The new Small Business Forum will provide an informal way for the Government to engage with the small business community and an opportunity to seek the views of individuals and representative groups, on a range of policy issues.

Members have been chosen to reflect the diversity of the small business community and the wide range of issues that affect this sector. 

Margaret Hodge, Minister for Industry and the Regions, who chaired the first meeting, said: "There are over four million small and medium enterprises in the UK today, 600,000 more than there were ten years ago. They account for more than half the turnover of the private sector, employ 59 per cent of the total private sector workforce so are vital to the health of our economy."

 

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