The Labour Party believes that small and medium enterprises businesses are the backbone of the United Kingdom. As of 2016, SMEs make up 99.3% of all private sector businesses in the United Kingdom, employing over 15.7 million people with an estimated combined annual turnover of £1.8 trillion accounted for 47% of private sector turnover.
Through Small Medium-Sized Enterprises (SMEs) for Labour, we want to provide a forum whereby SMEs can work in partnership with the Labour Party and continue to inform our economic policies.
• SME4Labour seeks to strengthen relations between the small, medium, micro, owner and family run businesses with the Labour Party
• We support constructive and informed discussion within the Labour movement on issues impacting on SMEs
• We work closely with trade unions, employers’ groups and individuals, encouraging strong partnerships and collaboration
• We organise meetings for Labour Parliamentarians and others, so that a greater understanding of the challenges faced by SMEs can be gained