Spotlight
Coronavirus and the economic impacts on the UK: 18 June 2020
What's in the bulletin?
- Of all responding UK businesses to Wave 6 of the Business Impact of Coronavirus (COVID-19) Survey (BICS), 79% had been trading for more than the last two weeks, 5% had started trading again within the last two weeks after a pause in trading, 5% reported intending to restart within the next two weeks, with the remainder temporarily closed, paused or ceased trading.
- Across all sectors, the wholesale and retail trade (17%) and transportation and storage (10%) sectors reported the largest percentage of businesses indicating their turnover had increased compared with what is normally expected for this time of year.
- Across all sectors, and amongst those who were continuing to trade, 5% of the workforce had returned from furlough leave in the last two weeks, of which the construction and manufacturing sectors reported the largest proportions returning from furlough, at 14% and 10% respectively.
Non-financial business economy, UK and regional (Annual Business Survey): 2018 revised results
What's in the bulletin?
- In 2018, the approximate gross value added at basic prices (aGVA) of the UK non-financial business economy was estimated to be £1,273.5 billion; this was an increase of £51.2 billion (4.2%) compared with 2017.
- The estimate of aGVA represents the income (turnover) of UK businesses, less the cost of goods and services consumed in the production process (purchases); all four of the main sectors of the non-financial business economy (production, construction, distribution and non-financial services) continued to show growth in 2018.
- The non-financial services sector, which accounted for over half (56.9%) of total aGVA in 2018, increased by £34.0 billion (4.9%); professional, scientific and technical activities contributed the highest level of aGVA within this sector, increasing by £9.6 billion (5.8%) in 2018.
Coronavirus (COVID-19) roundup: Economy, business and jobs
Catch up on the latest data and analysis related to the coronavirus (COVID-19) pandemic and its impact on the economy, business and jobs.
Datasets related to Business services
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Business impact of coronavirus, analysis over time, UK: Waves 2 to 5 panel
The indicators and analysis presented in this article are based on selected responses over time from the new voluntary fortnightly business survey, which captures businesses responses on how their turnover, workforce, prices, trade and business resilience have been affected in the two week reference period. This data relates to the period 23 March 2020 to 17 May 2020 (Wave 2 to Wave 5).
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Non-financial business economy, UK: Sections A to S
Annual data on size and growth within the UK non-financial business sectors as measured by the Annual Business Survey, broken down to four-digit Standard Industrial Classification 2007.
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Non-financial business economy, UK regional results: Sections A to S
Annual data on business turnover, approximate gross value added (aGVA), purchases and employment costs, from the Annual Business Survey. Two-digit Standard Industrial Classification 2007 group by region or country.
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Foreign-owned businesses in the UK: business count, turnover and aGVA, from the Annual Business Survey
Annual estimates of foreign-owned businesses by industry group, section, employment and turnover group, and country breakdown, 2018.
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Non-financial business economy, UK regional results: quality measures
Annual data on quality measures for business turnover, approximate gross value added (aGVA), purchases and employment costs, from the Annual Business Survey.
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Annual Business Survey exporters and importers
Exporters and importers of goods and services in Great Britain by employment size, turnover size, ownership and age.
Publications related to Business services
Statistical bulletins
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Non-financial business economy, UK and regional (Annual Business Survey): 2018 revised results
Size and growth within the UK and regional non-financial sectors as measured by the Annual Business Survey.
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Non-financial business economy, UK (Annual Business Survey): 2017 provisional results
Size and growth within the UK's non-financial business sectors: non-financial services, distribution, production, construction and agriculture.
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Non-financial business economy, UK (Annual Business Survey): 2016 regional results
Size and growth within the UK's non-financial business sectors: non-financial services, distribution, production, construction and agriculture.
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E-commerce and ICT activity, UK: 2018
Use of information and communication technology (ICT) and the value of e-commerce activity by UK businesses.
Articles
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Foreign-owned businesses in the UK non-financial business economy (Annual Business Survey)
Annual estimates of the number of foreign-owned businesses, turnover and approximate gross value added (aGVA) in the UK for 2018 and revised estimates for 2017, from the Annual Business Survey (ABS).
Methodology related to Business services
Looking for local statistics?
A handy guide to let you know where to find local statistics.