Small Business Saturday spend tops £740 million

Despite the cold weather, Britain’s public came out in force on Saturday to show their support for small businesses nationwide.

Now in its fifth year, the Small Business Saturday 2017 campaign reached an all-time high, with an estimated £748 million spent with small businesses across the UK on the day, an increase of 4 per cent on 2016 (£717 million).

More than 250 small business organisations supported the nationwide initiative, which saw over 115,000 tweets sent on the day itself, reaching more than 115 million people.

Michelle Ovens MBE, Campaign Director of Small Business Saturday said: “In its fifth year, Small Business Saturday has once again seen a boost in spending with Britain’s small independent businesses. There’s been a phenomenal response from small businesses in communities across the UK again this year so it’s fantastic that a record amount was spent with them this Small Business Saturday.”

Charlotte Duerden, General Manager, American Express UK, says: “The British public have once again shown their support for small businesses across the country and the vital contribution they make to their communities and the economy.”

Small business owner Jo MacFarlane, adds: “The Small Business Saturday campaign has made such a big difference for us. It was such a special day this year, with so many local businesses involved and customers responding by shopping with us, in what has become a fantastic tradition at the start of the Christmas period. It’s a wonderful grassroots initiative that has been hugely successful in celebrating small businesses and it’s certainly attracted new shoppers and boosted sales.”

Beavis Morgan – advisers to UK’s SMEs

At Beavis Morgan, we were once again proud to get behind Small Business Saturday, in support of SMEs located across the UK. With extensive experience of providing specialist accounting, tax and business advice and planning to SMEs, we are on hand to assist you to remain profitable and increase your net worth.

For more information about how we can help you and your SME business, please contact Steve Govey or your usual Beavis Morgan Partner.