Through Small Medium-Sized Enterprises (SMEs) for Labour, we want to provide a forum whereby SMEs can work in partnership with the Labour Party and continue to inform our economic policies.
The Labour Party believes that small and medium enterprises businesses are the backbone of the United Kingdom. As of 2016, SMEs make up 99.3% of all private sector businesses in the United Kingdom, employing over 15.7 million people with an estimated combined annual turnover of £1.8 trillion accounted for 47% of private sector turnover.