Spotlight
Business insights and impact on the UK economy: 1 December 2023
What's in the bulletin?
- In October 2023, 67% of trading businesses with 10 or more employees reported that they were able to get the materials, goods or services they needed from within the UK; while more than 1 in 8 (13%) were either unable to get the materials, goods or services they needed from within the UK, or had to change suppliers or find alternative solutions to do so.
- In October 2023, 5% of businesses with 10 or more employees experienced global supply chain disruption, broadly stable with September 2023 and the lowest proportion reported since the question was introduced in late December 2021.
- In late November 2023, 18% of businesses reported that they were using, or intending to use, increased homeworking as a permanent business model, with improved staff well-being reported as the main reason for doing so, at 56%.
Non-financial business economy, UK and regional (Annual Business Survey): 2021 results
What's in the bulletin?
- In 2021, approximate gross value added at basic prices (aGVA) of the UK non-financial business economy was estimated to be £1,368.1 billion; an increase of £174.1 billion (14.6%) compared with 2020.
- The non-financial services sector, which accounted for over half (55.6%) of total aGVA in 2021, increased by £87.4 billion (13.0%) to £760.9 billion; professional, scientific and technical activities saw the largest increase in aGVA of £20.3 billion (11.6%), increasing from £175.0 billion to £195.3 billion.
- Total turnover and purchases of the UK non-financial business economy were estimated to be £4,105.9 billion and £2,728.7 billion respectively; an increase of £511.4 billion (14.2%) and £351.2 billion (14.8%) compared with 2020.
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