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).
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What's in the bulletin?
- The number of UK business births has decreased for the first time since 2010, from 414,000 to 382,000 between 2016 and 2017, a birth rate of 13.1% compared with a rate of 14.6% in 2016.
- The number of UK business deaths increased from 288,000 to 357,000 between 2016 and 2017, a death rate of 12.2% compared with a rate of 10.2% in 2016.
- North West was the region with the highest business birth rate at 15.9%, whereas London had the highest death rate at 14.2%.
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