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Small business survey results revealed

A survey of the UK small business sector, conducted by Department for Business, Enterprise and Regulatory Reform, has revealed that nearly half of those questioned were producing new products and services, the highest level since the survey began in 2003.

The 2006/07 Annual Small Business Survey also revealed 65% of small businesses with employees had ambitions to grow for the coming years, representing a nine percentage point increase on the previous year.

The survey confirmed what ministers recently discovered when they met over 600 small business owners around the country.

Releasing the survey, business minister Shriti Vadera said: "The positive findings - of businesses intending to grow and introducing innovation - are indicators of a healthy

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