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Business Demography in the UK
About this SlideShare
We look at businesses in the UK using data from
the Office for National Statistics
More businesses are likely to be created because of
the continued economic growth and strengthening of
the labour market.
Source: Economic Review
We define new business registrations as business
births; These are businesses newly registered for
VAT or PAYE
More businesses were born in the UK in 2015 than any
other year since comparable records began in 2000
Source: Business Demography: 2015
There were
business births in 2015
Source: Business Demography: 2015
0 4 8 12 16 20
(%)
London had the highest business birth rate in the
UK (18.6%)
Northern Ireland
South West
East
North East
North West
Yorkshire and
The Humber
East Midlands
West Midlands
London
South East
Wales
Scotland
Source: Business Demography: 2015
Births
Deaths
Since 2011, the rate of business births in the UK
has exceeded the rate of business deaths
Source: Business Demography: 2015
2010
9
10
11
12
13
14
15
Rate (%) Births Deaths
2011 2012 2013 2014 2015
In 2015, the highest rate of business births continued to
occur in business administration and support, at 20.4%
Source: Business Demography: 2015
0 5 10 15 20 25
Rate (%)
Wholesale
Motor trades
Arts, entertainment, recreation
and other services
Retail
Education
Accommodation and food services
Production 12.4%
Property 12.2%
Health 12.9%
11.8%
14.3%
Construction 14.6%
Information and communication 16.0%
Professional, scientific and technical 15.8%
Finance and insurance 14.8%
Business administration
and support services 20.4%
Transport and storage (inc. postal) 20.3%
9.1%
10.7%
10.4%
8.9%
5-year business survival
41.4% of businesses that were born in 2010 were
still active in 2015
0
25
50
75
100
Source: Business Demography: 2015
1-year
survival
2-year
survival
3-year
survival
4-year
survival
5-year
survival
2010
Births
2011
Births
2012
Births
2013
Births
2014
Births
(%)
Keep in touch
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For more information, visit our website
www.ons.gov.uk
www.govdelivery.com
www.twitter.com/ons www.facebook.com/ons www.linkedin.com

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Business Demography in the UK

  • 2. About this SlideShare We look at businesses in the UK using data from the Office for National Statistics
  • 3. More businesses are likely to be created because of the continued economic growth and strengthening of the labour market. Source: Economic Review
  • 4. We define new business registrations as business births; These are businesses newly registered for VAT or PAYE
  • 5. More businesses were born in the UK in 2015 than any other year since comparable records began in 2000 Source: Business Demography: 2015
  • 6. There were business births in 2015 Source: Business Demography: 2015
  • 7. 0 4 8 12 16 20 (%) London had the highest business birth rate in the UK (18.6%) Northern Ireland South West East North East North West Yorkshire and The Humber East Midlands West Midlands London South East Wales Scotland Source: Business Demography: 2015 Births Deaths
  • 8. Since 2011, the rate of business births in the UK has exceeded the rate of business deaths Source: Business Demography: 2015 2010 9 10 11 12 13 14 15 Rate (%) Births Deaths 2011 2012 2013 2014 2015
  • 9. In 2015, the highest rate of business births continued to occur in business administration and support, at 20.4% Source: Business Demography: 2015 0 5 10 15 20 25 Rate (%) Wholesale Motor trades Arts, entertainment, recreation and other services Retail Education Accommodation and food services Production 12.4% Property 12.2% Health 12.9% 11.8% 14.3% Construction 14.6% Information and communication 16.0% Professional, scientific and technical 15.8% Finance and insurance 14.8% Business administration and support services 20.4% Transport and storage (inc. postal) 20.3% 9.1% 10.7% 10.4% 8.9%
  • 11. 41.4% of businesses that were born in 2010 were still active in 2015 0 25 50 75 100 Source: Business Demography: 2015 1-year survival 2-year survival 3-year survival 4-year survival 5-year survival 2010 Births 2011 Births 2012 Births 2013 Births 2014 Births (%)
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