Lord Young

Lord Young Declares ‘Golden Age’ for Small Businesses

The prime minister’s enterprise advisor analyses the changing face of UK enterprise in new report Lord Young is optimistic about the future for small businesses, announcing they are entering a ‘golden age’ in a new report published yesterday. The Report on Small Firms 2010-2015 was compiled to analyse the UK business landscape and highlights business growth, the factors that impact small firms, and the government’s future support plans. Young, who acts as David Cameron’s advisor, revealed the huge increase in the number of small businesses, up by 760,000 and now equalling around five million in total. The report also underlined a record number of people in work (30.8 million) and a rise in firms with a social ethos – with social businesses presently accounting for 6% of UK enterprises. In ... »