This statistic illustrates the main bank account type used by small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019. It can be seen that two percent of SMEs used a personal current account as the main business bank account at that time. The majority (95 percent) of small and medium enterprises in the United Kingdom (UK) stated that they used a current account in the name of the business as of 2019.
Type of bank account used by small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019
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GOV.UK. (June 4, 2020). Type of bank account used by small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019 [Graph]. In Statista. Retrieved July 04, 2022, from https://www.statista.com/statistics/594422/sme-main-bank-account-type-united-kindom/
GOV.UK. "Type of bank account used by small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019." Chart. June 4, 2020. Statista. Accessed July 04, 2022. https://www.statista.com/statistics/594422/sme-main-bank-account-type-united-kindom/
GOV.UK. (2020). Type of bank account used by small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019. Statista. Statista Inc.. Accessed: July 04, 2022. https://www.statista.com/statistics/594422/sme-main-bank-account-type-united-kindom/
GOV.UK. "Type of Bank Account Used by Small and Medium Enterprises (Smes) in The United Kingdom (Uk) as of 2019." Statista, Statista Inc., 4 Jun 2020, https://www.statista.com/statistics/594422/sme-main-bank-account-type-united-kindom/
GOV.UK, Type of bank account used by small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019 Statista, https://www.statista.com/statistics/594422/sme-main-bank-account-type-united-kindom/ (last visited July 04, 2022)