56% of SMEs reported a rise in earnings in the last quarter of 2021 compared with the same period in 2020 of employees work in SMEs - that's 16.3 million people 61% 14% 1.4m private sector SMEs have employees 4.2m have none three fifths of employment and around half of turnover in the UK private sector 1 36 Monzo Bank Finance FIGURE IT 5.5m 35,600 There were nearly... 5.6 SMEs account for million SMEs in the UK at the start of 2021 Top 5 LinkedIn startups in the UK 2 3 4 5 Revolut Financial services Starling Bank Banking Pangaia Retail Lounge Underwear Apparel and fashion were small businesses (zero to 49 employees) were medium businesses (50 to 249 employees) Of these... of all SME employment and 35% of SME turnover are in wholesale and retail trade and repair