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New MP entrepreneurs

New MP entrepreneurs

A quarter of newly elected MPs have run their own business, according to a study from industry group the Federation of Small Businesses (FSB).

It found that 35 of the 124 first time MPs had first hand experience of running a business, with the majority (25) sitting on the Conservative benches.

The FSB’s national policy chairman, John Walker, said that he hoped this “watershed” would boost the profile of business.

Mr Walker said: “Entrepreneurs create jobs and generate wealth but until now they have been under-represented in the House of Commons. With so many new MPs having worked for themselves this election may have represented a watershed.

“We hope parliamentarians will draw on their past experience and stick up for the four million people in this country who run their own business. We look forward to their support.”