Gross Value Added (GVA) GVA and GVA per head fell in all regions of the UK in 2009 due to the impact of the recession. There was still a wide variation in the extent of the effect. The East of England had the biggest fall. Scotland had the smallest decline. London had the highest share of GVA in the UK with 21.5% and the South East was next with 14.3%. The North East had the lowest share in England with 3.3%. England had 85.8% of GVA and N. Ireland 2.3% (of the 12 NUTS1 Levels).
At the level of the 37 NUTS2 sub-regions, the top five included Inner London and North East Scotland the bottom five included West Wales and the Valleys, Cornwall and the Isles of Scilly, Lincolnshire and Tees Valley and Durham. London had the biggest share of GVA per head with £60,686 the lowest was West Wales and the Valleys with £12,860. GVA per head increased in all NUTS2 sub-regions in 2008.
Breaking the statistics down to the 133 NUTS3 local areas level the top area was Inner London West the bottom area the Isle of Anglesey. The City of Edinburgh was second highest and then Inner London East.
Showing posts with label Northern Ireland. Show all posts
Showing posts with label Northern Ireland. Show all posts
Monday, 13 December 2010
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.
Wednesday, 2 December 2009
New Business Demography Figures For 2008
The Office for National Statistics (ONS) has begun publishing details of business start-ups, closures and survival rates called 'Business Demography:Enterprise Births and Deaths'. The BERR is discontinuing the series, 'Business Start-ups and Closures: VAT registrations and de-registrations'. The last publication will be the 2008 update after that it will be replaced with the new ONS series. The new business demography statistics are considered more comprehensive. There are methodological differences.
The European Commission brought out a new regulation in February that requires National Statistics Institutes to produce statistics on business births, deaths and survival rates. They will produce statistics using a common methodology and definitions which will ensure greater comparability across the EU. One of the main differences is the inclusion of PAYE registered units, that is, employing businesses which are not VAT registered. It will provide a more comprehensive view of business start-up activity.
The new business demography statistics will show more business births and deaths than the BERR VAT-based statistics. The broad trend of volume and rate of births and deaths are the same but the peaks appear slightly earlier in the BERR series. Both ONS and BERR sets of statistics show differences between volumes and rates, but in both, the highest rates of births and deaths seem to be in London and lowest in Northern Ireland.
The statistics for 2008 published on Monday tell us that there were 270,000 business births in the UK in 2008, a birth rate of 11.6%. In 2007, there were 281,000 births (12.3%). That means there was a decrease of 3.7% in the number of business births. There were 'provisionally' 219,000 business seaths, a rate of 9.4% in 2008 compared with 223,000 deaths in 2007, a rate of 9.8%. There was a 1.8% decrease in the number of business deaths.
Active businesses numbered over 2.3 million in the UK during 2008, down 46,000 on 2007. The highest rate of business births was in business administration and support services with 16.2% followed by professional, scientific and technical services at 14.7% and information and communication at 14.6%. The highest overall number of business births was in professional, scientific and technical with 54,000. The highest death rate was in accomodation and food services at 13.1%, following this came finance and insurance at 11% and business administration and supprt services at 10.8%. Construction had the largest overall number of deaths at 33,000 then profesional, scientific and technical with over 32,000.
The business survival rate is based on a five-year survival rate. In 2008, the 5=year survival rate was 46.6%. Northern Ireland had the largest 5-year survival rate in the UK and London the lowest at 39.4%. Hea;lth had a survival rate of 63% and education 60.3% but hotels and catering were lowest with 34.2%.
Further details on the methodology can be obtained from the ONS website.
The European Commission brought out a new regulation in February that requires National Statistics Institutes to produce statistics on business births, deaths and survival rates. They will produce statistics using a common methodology and definitions which will ensure greater comparability across the EU. One of the main differences is the inclusion of PAYE registered units, that is, employing businesses which are not VAT registered. It will provide a more comprehensive view of business start-up activity.
The new business demography statistics will show more business births and deaths than the BERR VAT-based statistics. The broad trend of volume and rate of births and deaths are the same but the peaks appear slightly earlier in the BERR series. Both ONS and BERR sets of statistics show differences between volumes and rates, but in both, the highest rates of births and deaths seem to be in London and lowest in Northern Ireland.
The statistics for 2008 published on Monday tell us that there were 270,000 business births in the UK in 2008, a birth rate of 11.6%. In 2007, there were 281,000 births (12.3%). That means there was a decrease of 3.7% in the number of business births. There were 'provisionally' 219,000 business seaths, a rate of 9.4% in 2008 compared with 223,000 deaths in 2007, a rate of 9.8%. There was a 1.8% decrease in the number of business deaths.
Active businesses numbered over 2.3 million in the UK during 2008, down 46,000 on 2007. The highest rate of business births was in business administration and support services with 16.2% followed by professional, scientific and technical services at 14.7% and information and communication at 14.6%. The highest overall number of business births was in professional, scientific and technical with 54,000. The highest death rate was in accomodation and food services at 13.1%, following this came finance and insurance at 11% and business administration and supprt services at 10.8%. Construction had the largest overall number of deaths at 33,000 then profesional, scientific and technical with over 32,000.
The business survival rate is based on a five-year survival rate. In 2008, the 5=year survival rate was 46.6%. Northern Ireland had the largest 5-year survival rate in the UK and London the lowest at 39.4%. Hea;lth had a survival rate of 63% and education 60.3% but hotels and catering were lowest with 34.2%.
Further details on the methodology can be obtained from the ONS website.
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