Wednesday, 8 December 2010

Health And Education Businesses Surviving Well

Business demographics for 2009 show that there were 236,000 business births, a rate of 10.1% and 279,000 business deaths, a rate of 11.9%. There were 2.3m active businesses in the UK during 2009, up 16,000 on 2008. The highest birth rate was in business administration and support services with 13.9%, the lowest was production with 7.3%. The highest death rate was also in business administration and support services with 14.8% and the lowest was in health with 7.2%. The median birth rate was property with 9.1% and death rate professional, scientific and technical with 11.2%. London had both the highest birth and death rates with 12.6% and 13.7% respectively. Outside of London, the highest birth rate was in the North East with 10.4% and the highest death rate was in the North West with 12.8%. The five year survival rate from 2004 was 46.8%. N.Ireland had the highest five year survival rate with 52.9% the lowest was London with 41.9%. Health had a five year survival rate of 58.9% and education 58.1%. Hotels and catering was lowest with a 35.2% five year survival rate.

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