Spotlight
Business insights and impact on the UK economy: 9 September 2021
What's in the bulletin?
- Of businesses not permanently stopped trading, 13% reported that vacancies were more difficult to fill in the last month compared with normal expectations for this time of year in late August 2021, up from 9% in early August 2021; 30% of businesses in the accommodation and food service activities industry reported vacancies being more difficult to fill than normal.
- Half of currently trading businesses in the construction industry reported the prices of materials, goods or services bought in the last two weeks had increased more than normal price fluctuations, compared with approximately one-quarter of businesses in all industries.
- The percentage of businesses currently trading in late August 2021 was 90%, a figure that has remained stable since late June 2021; the transportation and storage industry has remained the industry with the lowest percentage of businesses currently trading, at 78%.
Non-financial business economy, UK and regional (Annual Business Survey): 2019 results
What's in the bulletin?
- In 2019, approximate gross value added at basic prices (aGVA) of the UK non-financial business economy was estimated to be £1,313.9 billion; an increase of £42.8 billion (3.4%) compared with 2018.
- The non-financial services sector, which accounted for over half (56.7%) of total aGVA in 2019, increased by £25 billion (3.5%) to £744.4 billion; transport and storage saw the highest increase in aGVA growth at £7.2 billion (8.6%) increasing from £84.4 billion to £91.6 billion.
- Total turnover and purchases of the UK non-financial business economy were estimated to be £4,101.5 billion and £2,761.4 billion respectively; an increase of £70.5 billion (1.7%) and £25.8 billion (0.9%) compared with 2018.
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