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Release: Business Demography, 2014

Released: 24 November 2015

Contact

Karen Watkins

Business Statistics Support

karen.watkins@ons.gsi.gov.uk

Telephone: +44 (0)1633 456902

Categories: Bankruptcy, Business Births, Business Deaths, Business Survival Rates, Insolvency, Mergers and Acquisitions, Businesses by Industry Sector, Businesses by Region, Small and Medium Enterprises, Structure of Businesses, Changes to Businesses, Locations of Businesses, Businesses, Business and Energy

Frequency of release: Annually

Language: English

Geographical coverage: UK

Geographical breakdown: Local Authority and County

Survey name(s): Business Register and Employment Survey (BRES), Business Register Survey

  • The number of UK business births increased by 1.2% from 346,000 to 351,000 between 2013 and 2014, a birth rate of 13.7% compared with a rate of 14.1% in 2013.

  • The 351,000 business births in 2014 were the highest recorded since comparable records began in 2000.

  • The number of UK business deaths increased by 3.5% from 238,000 to 246,000 between 2013 and 2014, compared with the decrease of 5.9% in 2013 (from 252,000 to 238,000).

  • The total UK business birth rate was 13.7% and the death rate was 9.6%. London was the region with the highest birth rate at 17.7% and the highest death rate at 10.6%.

  • In broad industry terms, business administration and support services had the highest business birth rate at 20.7% and accommodation and food services had the highest death rate at 13.1%.

In this release

Births, deaths and survivals of UK enterprises. The active stock of businesses is also shown, so that birth and death rates can be calculated.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.