Britain's small businesses are likely to create almost two thirds of the country's jobs in an average year, a major new study has revealed.
Research shows firms employing fewer than 100 workers accounted for 65 per cent of new jobs in the UK in the period from 1997 to 2008.
The finding is likely to reignite the debate over the role of small companies in sustaining the nation's economy — particularly in light of the Budget, which was widely regarded as favourable to them.