The
@ONS has published its ‘Business demography, quarterly, UK: January to March 2026’ report, which includes data on business creations and closures.
The good news is that the number of business closures in the UK in quarter 1 2026 was 83,195, which is 1.1% lower than in quarter 1 2025.
There was a decrease in the number of business closures in nine out of 16 main industrial groups in quarter 1 2026, compared with quarter 1 2025; the most significant decreases came from the transportation and storage, and business administration and support services industries.
The bad news is when comparing Q1 2025 to Q12026, there were less business births in almost all industries apart from agriculture, forestry and fishing. The number of business creations in the UK in quarter 1 (Jan to Mar) 2026 was 78,650. This is 8.0% lower than the number of business creations in quarter 1 2025.
Here is REC’s breakdown from the ONS data on business births (Q1 2025 v Q1 2026) today:
· Agriculture, forestry and fishing: up 18.49% (in Q1 2026).
· Finance and insurance: down 25.66% (on Q1 2025).
· Health and social care: down 23.87%
· Education: down 13.39%
· Arts, entertainment, recreation and other services: down 11.72%
· Transportation and storage: down 11.37%
· Wholesale: down 9.80%
· Production: down 7.77%
· Business administration and support services: down 7.41%
· Accommodation and food services: down 7.2%
· Construction: down 7.07%
· Real estate: down 6.42%
· Professional, scientific and technical activities: down 5.58%
· Retail: down 4.64%
· Information and communication: down 3.3%
· Motor trades: down 1.74%
The full ONS data is here:
ons.gov.uk/releases/business…