Overview
- Ministers called on shoppers to visit local independents today as Small Business Saturday gets underway across the UK.
- The government unveiled its Backing Your Business campaign alongside a Small Business Plan that promises the strongest late‑payment reforms in 25 years.
- Campaign research expects a 19% year‑on‑year rise in Christmas spending with small firms to around £5–£5.3 billion.
- The Royal Family publicly thanked more than 220 sole traders and SMEs involved in Buckingham Palace’s Reservicing Programme, adding high‑profile support.
- Officials note 5.7 million small businesses employ about 60% of the UK workforce and generate £2.8 trillion in turnover, with American Express reporting 10 million shoppers spent £634 million on the day last year.