The Growth of Small Firms in the UK

David Mayes and Christopher Moir

Chapter 5 in Competition and Markets, 1990, pp 41-62 from Palgrave Macmillan

Abstract: Abstract One of the most striking features of the development of the UK economy in the 1980s has been the growth in the number of firms. The number of businesses registered for VAT increased by 13 per cent between mid-1980 and mid-1987. Most of these extra firms are likely to have been small. An even more notable indicator is the 52 per cent rise in self-employment between June 1979 and June 1987. Not only is this an enormous increase but it represents a major change in behaviour as the number of self-employed actually fell by 7 per cent between June 1973 and June 1979.

Keywords: Small Business; Small Firm; Large Firm; Large Company; Small Company (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-10510-6_5

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