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Small Businesses

Volume 225: debated on Tuesday 18 May 1993

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To ask the Secretary of State for Wales what estimate has been made of the percentage contribution small businesses in Wales have made to the Welsh gross domestic product in each year since 1983.

No such estimate has been made. But figures published in the "Business Monitor—Size analysis of United Kingdom Businesses" (PA 1003) since 1989 show that businesses with a turnover below £250,000 have consistently accounted for over 80 per cent. of the number of businesses in Wales.