This statistic shows the growth of digital businesses compared to non-digital businesses in the United Kingdom (UK) from 2011 to 2015 (in billion GBP). The growth of digital businesses was higher than non-digital businesses. Digital businesses grew about ** billion British pounds from 2011 to 2015.

The United Kingdom's economy grew by 1.1 percent in 2024, after a growth rate of 0.4 percent in 2023, 4.8 percent in 2022, 8.6 percent in 2021, and a record 10.3 percent fall in 2020. During the provided time period, the biggest annual fall in gross domestic product before 2020 occurred in 2009, when the UK economy contracted by 4.6 percent at the height of the global financial crisis of the late 2000s. Before 2021, the year with the highest annual GDP growth rate was 1973, when the UK economy grew by 6.5 percent. UK economy growing but GDP per capita falling In 2022, the UK's GDP per capita amounted to approximately 37,371 pounds, with this falling to 37,028 pounds in 2023, and 36,977 pounds in 2024. While the UK economy as a whole grew during this time, the UK's population grew at a faster rate, resulting in the negative growth in GDP per capita. This suggests the UK economy's struggles with productivity are not only stagnating, but getting worse. The relatively poor economic performance of the UK in recent years has not gone unnoticed by the electorate, with the economy consistently seen as the most important issue for voters since 2022. Recent shocks to UK economy In the second quarter of 2020, the UK economy shrank by a record 20.3 percent at the height of the COVID-19 pandemic. Although there was a relatively swift economic recovery initially, the economy has struggled to grow much beyond its pre-pandemic size, and was only around 3.1 percent larger in December 2024, when compared with December 2019. Although the labor market has generally been quite resilient during this time, a long twenty-month period between 2021 and 2023 saw prices rise faster than wages, and inflation surge to a high of 11.1 percent in October 2022.

Numbers of enterprises and local units produced from a snapshot of the Inter-Departmental Business Register (IDBR) taken on 8 March 2024.

Profitability, markups and market power of businesses. Official statistics in development.

In 2024, there were approximately **** million small and medium-sized enterprises operating in the United Kingdom. Micro-sized enterprises that employ up to nine people constitute the majority of SMEs in the UK, at over **** million. Enterprises that have between 10 and 49 employees are classed as small enterprises, and numbered around ******* in the UK, while there were ****** medium-sized enterprises.

The UK economy shrank by 0.1 percent in May 2025 after shrinking by 0.3 percent in April. Since a huge decline in GDP in April 2020, the UK economy has gradually recovered and is now around 4.4 percent larger than it was before the COVID-19 pandemic. After the initial recovery from the pandemic, however, the UK economy has effectively flatlined, fluctuating between low growth and small contractions since January 2022. Labour banking on growth to turn around fortunes in 2025 In February 2025, just over half a year after winning the last general election, the approval rating for the new Labour government fell to a low of -48 percent. Furthermore, the Prime Minister, Keir Starmer was not only less popular than the new Conservative leader, Kemi Badenoch, but also the leader of the Reform Party, Nigel Farage, whose party have surged in opinion polls recently. This remarkable decline in popularity for the new government is, in some part, due to a deliberate policy of making tough decisions early. Arguably, the most damaging of these policies was the withdrawal of the winter fuel allowance for some pensioners, although other factors such as a controversy about gifts and donations also hurt the government. While Labour aims to restore the UK's economic and political credibility in the long term, they will certainly hope for some good economic news sooner rather than later. Economy bounces back in 2024 after ending 2023 in recession Due to two consecutive quarters of negative economic growth, in late 2023 the UK economy ended the year in recession. After not growing at all in the second quarter of 2023, UK GDP fell by 0.1 percent in the third quarter, and then by 0.3 percent in the last quarter. For the whole of 2023, the economy grew by 0.4 percent compared to 2022, and for 2024 is forecast to have grown by 1.1 percent. During the first two quarters of 2024, UK GDP grew by 0.7 percent, and 0.4 percent, with this relatively strong growth followed by zero percent growth in the third quarter of the year. Although the economy had started to grow again by the time of the 2024 general election, this was not enough to save the Conservative government at the time. Despite usually seen as the best party for handling the economy, the Conservative's economic competency was behind that of Labour on the eve of the 2024 election.

Size and growth within UK non-financial business sectors, as measured by the Annual Business Survey, by four-digit Standard Industrial Classification 2007.

The Report Covers Business Intelligence Companies UK and the Market is segmented by Organization Size (Small & Medium-scale, Large-scale) and End-User (BFSI, IT & Telecom, Retail & Consumer Goods, Manufacturing & Logistics, and Public Services). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

As of the fourth quarter of 2024, 70 percent of SMEs in the United Kingdom reported that they had made a profit in the previous 12 months, compared with six percent that broke even, and 14 percent that made a loss. The share of SMEs that made a profit was relatively stable until 2020, when it fell from 73 percent in the first quarter of that year to 47 percent in the second quarter, 2021.

This statistic shows the ten cities with the fastest growing business base in the United Kingdom (UK) from 2016 to 2017. The number of businesses located in Warrington increased by **** percent during this period, with Aberdeen and Slough in second and third place respectively.

Business births and deaths from the Inter-Departmental Business Register with high-level breakdowns by industry and region. Quarterly official statistics in development.

The Gross Domestic Product (GDP) in the United Kingdom expanded 0.70 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United Kingdom GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

B2B Company data encompasses vital information about businesses, including company name, industry, employees, revenue, website, and more. It provides valuable insights for market analysis, competitive intelligence, and strategic decision-making. Startup data, on the other hand, focuses specifically on emerging businesses, offering crucial details such as funding rounds, founder information, growth metrics, and market presence. Both types of data play a pivotal role in understanding the business landscape and identifying opportunities for growth and innovation.

Company data and startup data serve various specific use cases and applications:

1. Market Research for Investors: Investors use company data to identify promising startups in specific industries or regions, helping them make informed investment decisions.

2. Competitor Analysis for Incumbent Companies: Established companies leverage startup data to monitor emerging competitors and identify potential disruptions to their market share.

3. Partnership Opportunities: Startups use company data to identify potential partners or investors who align with their business goals and values.

4. Recruitment Strategies: Companies use startup data to target high-growth startups as potential sources of talent, offering opportunities for strategic partnerships or acquisitions.

5. Economic Development Initiatives: Governments and economic development agencies use company data to identify high-potential startups and provide support through grants, incentives, or incubator programs.

6. Risk Assessment for Service Providers: Service providers, such as financial institutions or insurance companies, use company data to assess the risk associated with serving startups as clients or partners.

7. Product Development Insights: Startups and established companies alike use company data to identify emerging trends and consumer preferences, informing product development strategies.

8. Marketing and Sales Targeting: Companies use company data to identify potential customers or partners based on specific criteria, such as industry, size, or geographic location, enabling targeted marketing and sales efforts.

9. Mergers and Acquisitions: Corporations use company data to identify potential acquisition targets or merger partners that align with their strategic objectives, helping them expand their market reach or diversify their product offerings.

10. Entrepreneurial Education: Educational institutions and entrepreneurship programs use company data to provide real-world examples and case studies for students, helping them understand the challenges and opportunities of starting and scaling a business.

Key features of using APISCRAPY for Company Data & Startup Data include:

Comprehensive Data Extraction: APISCRAPY extracts a wide range of data points, including company name, industry, employees, revenue, website, funding rounds, and founder information.

High Accuracy: Our advanced scraping technology ensures the accuracy and reliability of the extracted data, enabling confident decision-making.

Real-Time Updates: Stay ahead of the competition with real-time data updates, providing the latest insights into the dynamic business landscape

Customized Solutions: Tailored to your specific needs, APISCRAPY offers customized scraping solutions to extract the exact data points you require for your analysis.

Ease of Integration: Our data is delivered in formats that are easy to integrate into your existing systems and workflows, saving you time and resources.

Fast Turnaround Time: Benefit from quick turnaround times, allowing you to access the data you need promptly for strategic decision-making.

Diverse Data Sources: APISCRAPY accesses data from a variety of sources, ensuring comprehensive coverage and providing a holistic view of the market.

Secure Data Handling: We prioritize data security and confidentiality, ensuring that your sensitive information is handled with the utmost care and compliance with data protection regulations.

Expert Support: Our team of experienced professionals is dedicated to providing exceptional customer support and guidance throughout the data extraction process.

Cost-Effective Solutions: APISCRAPY offers cost-effective solutions that provide maximum value for your investment, helping you achieve your business objectives efficiently and affordably.

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Key information about UK Business Confidence Growth

• United Kingdom Business Confidence grew 8.4 % in Dec 2020, compared with a decrease of 6.7 % YoY in the previous month.
• UK Business Confidence: YoY Change is updated monthly, available from Jan 1986 to Dec 2020, with an averaged rate of -0.4 %.
• The data reached an all-high of 38.9 % in Mar 2010 and a record low of -49.8 % in Mar 2009.

Forecast: Business Enterprise Expenditure on R&D Growth Rate in the UK 2024 - 2028 Discover more data with ReportLinker!

UK E-Commerce Market is Segmented by Business Model (B2C, B2B), Device Type (Smartphone / Mobile, Desktop and Laptop, and More), Payment Method (Credit / Debit Cards, Digital Wallets, and More), B2C Product Category (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverages, and More). The Market Forecasts are Provided in Terms of Value (USD).

At Xverum, we believe in the power of data to fuel business growth. That's why we've curated a comprehensive database of over 5 million UK company profiles, packed with the insights you need to make strategic decisions and unlock new opportunities.

How Xverum's UK B2B data can help you succeed?

1. Gain a 360° view of potential targets with detailed company information, including industry, employee numbers, and market comparisons.

2. Reach your ideal customers with laser focus. Filter by industry, location, size, and more to pinpoint your target audience and connect directly with key decision-makers.

3. Uncover your competitors' strategies, identify potential partners, and refine your digital marketing efforts by analyzing the online presence of specific UK B2B leads.

4. Stay ahead of the curve with in-depth knowledge of industry trends, emerging markets, and competitive landscapes.

5. Enrich and expand your existing company data with valuable technographic data from the UK landscape.

Top 4 key features of B2B data from Xverum: - 100+ Data Attributes per Company Profile - Structured and Raw Data - Easily Integrated into Your Solutions - 100% Safe Source Promise

Don't let limited data hold you back! Grow your business with our 5 million UK B2B data.

Please Note: Our Individual Profiles dataset does not include PII and/or phone numbers.

Detailed breakdown of business investment by industry and asset, in current prices and chained volume measures, non-seasonally adjusted and seasonally adjusted, UK.