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 remained broadly similar between 2017 and 2018, moving from 382,000 to 381,000, a birth rate of 12.9% in 2018 compared with 13.1% in 2017.
- The number of UK business deaths decreased from 362,000 to 336,000 between 2017 and 2018, a death rate of 11.4% compared with 12.4% in 2017.
- London had the highest business birth rate at 15.9%, whereas the North West had the highest death rate at 13.5%.