On behalf of the Department for Business, Innovation and Skills (BIS), the National Institute of Economic and Social Research (NIESR) undertook an analysis, comparing the characteristics of mid-sized businesses (MSB) in the UK with a selected number of European countries. The selection of countries was informed by a desire to capture some of those that have performed comparatively well during and before the current economic crisis. Further countries may be added at a later stage.
MSBs for European countries are defined as those with a turnover of between €25m and €500m or, in the case of UK businesses, £25m and £500m (about €29m to €575m at March 2010 exchange rates). The statistics presented here have been estimated using employment and turnover statistics obtained from:
- Statistics Finland
- Statistics Sweden
- the Federal Statistics Office of Germany
Published 30 November 2012