Business births, deaths and survival rates
Demography of UK businesses: active businesses, new registrations for VAT and PAYE (births), cessation of trading (deaths), and duration of trading (survival rates).
What's in the bulletin?
- 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)
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