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Business statistics

Published Wednesday, November 23, 2016

Businesses since 2000, small businesses, business by region, businesses by industry, business births and deaths and information on female representation in business. It also features some discussion of the sources of business statistics and their coverage.

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This note presents a statistical analysis of businesses in the UK.

It includes information on the number of businesses since 2000, small businesses, business by region, businesses by industry, business births and deaths and information on female representation in business. It also features some discussion of the sources of business statistics and their coverage.

businesses

  • In 2016, there were 5.5 million businesses in the UK.Over 99% of businesses are Small or Medium Sized businesses – employing 0-249 people
  • 3 million (96%) businesses were micro-businesses – employing 0-9 people. Micro-businesses accounted for 32% of employment and 19% of turnover.
  • In London, there were 1,464 businesses per 10,000 resident adults. In the North East there were 679 per 10,000 resident adults.
  • The service industries accounted for 74% of businesses, 79% of employment and 72% of turnover.
  • The manufacturing sector accounted for 5% of businesses, 10% of employment and 15% of turnover.
  • There were 383,000 business births and 252,000 business deaths in 2015.
  • 20% of SMEs are female-led, and in October 2015 it was announced that 26% of FTSE100 board members were female.

Commons Briefing papers SN06152

Author: Chris Rhodes

Topics: Economic situation, Small businesses

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