Across the UK, small businesses employ over fifteen million people and produce a turnover of around £1.6 trillion. Enterprise and local businesses are a cornerstone of Bury St Edmunds and of the region. However, recent statistics show that in the last quarter of 2015, the turnover of small businesses in Bury St Edmunds, decreased by 5%. We need to be backing our small and medium enterprises, through both the best and worst times and to help grow our economy.
As a former business woman myself, I know what it takes to support and grow a business. Now, more than ever, we need to be bolstering our small and medium sized businesses and I intend to do just that. I have already raised the case of a steel work's company in my constituency, within the House of Commons and visited a number of specialist local businesses. I have highlighted the great successes of some of our homegrown businesses including Greene King and Muntons.
I firmly believe that in order to grow and drive our towns forward, we must do this with the vision and tanacity of the local business community. And with this, I have been instrumental in hosting a series of local events, bringing together our local businesses with those harder to reach sections of the community, to help drive forward employment opportunities and business accessibility.