Member

Before I conclude, I will answer some of the questions asked by various noble Lords. The noble Baroness, Lady Noakes, asked about the analysis of micro-businesses. According to the latest Department for Business and Trade business population estimates, 9 million employees, which is almost 40% of the whole private sector, work in small businesses and micro-businesses. There are around 124,000 people working for a business of one employee excluding owners and partners, while there are around 275,000 people working for such businesses if owners and partners are included.