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Small Firms

Volume 115: debated on Wednesday 6 May 1987

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asked the Paymaster General what is the success rate of small firms in the creation of jobs after one, three and five years, respectively.

I regret that the information is not available in the form requested. However, it is estimated that between 1982 and 1984 very small firms employing less than 20 people created around 1 million extra jobs in the United Kingdom, offsetting net job losses of ¾ million in larger firms.