Spotlight
Business insights and impact on the UK economy: 5 June 2025
What's in the bulletin?
- In late May 2025, over three quarters (77%) of businesses with 10 or more employees reported that their staffing costs (including wages, bonuses, national insurance (NI) and pension contributions) had increased over the last three months; up 41 percentage points compared with late February 2025, and up 17 percentage points compared with a year ago.
- Over half (55%) of businesses with 10 or more employees reported that their employees’ hourly wages increased in April 2025 compared with March, a rise of 38 percentage points compared with January; this was also an increase of 6 percentage points compared with April 2024 and the highest proportion reported since the question was introduced in June 2022.
- Approximately a third (33%) of businesses with 10 or more employees reported experiencing difficulties recruiting employees in April 2025, broadly stable with January; nearly half (49%) of those businesses reported a lack of qualified applicants for the roles on offer.
Non-financial business economy, UK (Annual Business Survey): 2023 results
What's in the bulletin?
- The approximate gross value added at basic prices (aGVA) of the UK non-financial business economy was estimated to be £1,651.6 billion in 2023; an increase of £54.9 billion (3.4%) compared with 2022.
- The non-financial services sector, which accounted for over half (57.2%) of total aGVA in 2023, increased by £51.4 billion (5.7%) to £945.3 billion.
- Information and communication saw the largest rise in aGVA, increasing by £11.6 billion (7.1%), from £164.0 billion to £175.6 billion.
Energy, goods and services used by UK businesses
Expenditure on energy, goods and services used as inputs to UK business processes by product type and industry. Estimates from the 2023 Annual Purchases Survey. These are official statistics in development.
Datasets related to Business services
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Energy, goods and services used by UK businesses
High-level and detailed table of intermediate consumption proportions and values by industry group, UK. These are official statistics in development.
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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
Size and growth within UK non-financial business sectors, as measured by the Annual Business Survey, by four-digit Standard Industrial Classification 2007.
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Non-financial business economy, 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.
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Non-financial business economy, 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.
Publications related to Business services
Statistical bulletins
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Non-financial business economy, UK (Annual Business Survey): 2023 results
Size and growth within the UK non-financial sectors, as measured by the Annual Business Survey.
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Energy, goods and services used by UK businesses: 2023
Expenditure on energy, goods and services used as inputs to UK business processes by product type and industry. Estimates from the 2023 Annual Purchases Survey. These are official statistics in development.
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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.
Articles
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Foreign-owned businesses in the UK non-financial business economy
Annual estimates of the number of foreign-owned businesses, turnover and approximate gross value added (aGVA) in the UK non-financial business economy for 2021 and revised estimates for 2020, from the Annual Business Survey (ABS).
Methodology related to Business services
Find, compare and visualise statistics about places within the United Kingdom.