Select committee: Business, Innovation, Science and Trade Committee

Conclusion 62

15th Report – Small business strategy Published 11 Feb 2026 Addressed to Department for Business and Trade
Conclusion (the committee's words)
SMEs represent 99.9% of UK businesses, ranging from firms with 2 employees to those with 150. The Government’s decision to use this term interchangeably with ‘smaller firms’ means that it is never clear which category of enterprises’ a particular policy intervention is targeting. (Conclusion, Paragraph 215)

From: Business, Innovation, Science and Trade Committee, 15th Report – Small business strategy (HC 1057), 11 February 2026

Government response

No government response linked yet: deadline 11 April 2026, 204 days ago.