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06 November 2019

New figures show 26 more Scottish businesses per day

Reference number: SPUR0611

Official figures published today (6 November) show the number of businesses operating in Scotland is at a record high and that small and medium sized firms now account for 99.3 per cent of enterprises in Scotland and deliver more than half of Scottish private sector jobs.

The statistics, published by the Scottish Government, show that 356,550 businesses were operating in Scotland as of March 2019, up 9775 (2.8%) from the same point in 2018. This means that the number of businesses operating in Scotland grew by 26 per day over this year long period.

Andrew McRae, the Federation of Small Businesses’ (FSB) Scotland policy chair, said: “These figures are a welcome tonic. Despite the recent economic and political rollercoaster, we’ve seen the number of Scottish enterprises swell by almost 10,000 over the course of a year, showing that in every corner of the country you can still find people with the get up and go to run their own business.

“The statistics show the resilience of Scotland’s established business community and its vital start-up scene. We need to build on this success, ensuring that everyone with willing gets the right help to set up on their own.”

 

ENDS