Posted: Fri 14th Oct 2016

Numbers Of Private Sector Businesses In Wales Are Thriving

This article is old - Published: Friday, Oct 14th, 2016

Statistics showing that Wales is punching above its weight when it comes to its number of private sector businesses have been welcomed by Economy Secretary, Ken Skates. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Latest UK Government figures on business population indicate that there are currently around 872 private sector businesses in Wales for every 10,000 people. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

This means Wales has more businesses per person than Scotland , Northern Ireland or the North East of England and is quickly catching up with its neighbour, the West Midlands. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Ken Skates said: ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“These latest figures on business population are hugely encouraging. They show that the number of businesses in Wales is thriving – and while we still we still have someway to go before we catch up with the South East of England, we are certainly moving in the right direction. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“As a pro-business Government we are committed to working with SMEs and supporting entrepreneurs to establish and grow businesses here in Wales. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“These figures show that programmes such as our Business Wales service are really making a difference in terms of providing the comprehensive support, advice and information that new entrepreneurs and existing SMEs, need to survive and thrive.” ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​



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