Business Demography, 2012: ONS
- The number of business births increased by 8,000 (3.1 %) between 2011 and 2012.
- The number of business deaths increased by 25,000 (11.0%) between 2011 and 2012.
- In 2012 the births of new businesses (270,000) was greater than business deaths (255,000).
- The move towards economic recovery has seen birth rates being higher than death rates from 2011, but the gap has narrowed in 2012.
- London had the highest business birth rate at 14.8% and the highest death rate at 11.7%. Apart from London the number of birth and deaths by region were similar.
- In broad industry terms, accommodation and food services had the highest death rate, at 13.3%.
Local Procurement research report: FSB
- 58 per cent more of the money spent by local authorities with small firms is re-spent in the local economy compared to that spent with large businesses in the same area.
- Small local firms generated £746 million more for the local economy compared to large local businesses
- For every £1 spent with a small or medium-sized business (SME) 63p was re-spent in the local area compared to 40p in every £1 spent with a larger business.
- Local authorities across the UK in the last year spent a total of £8.7 billion buying goods and services in their local area
- If each authority had spent an additional five per cent of their budget locally and committed just three per cent more of that to small local firms, an additional £788 million could have been generated for local economies.
Analysis of unpublished data: TUC
- The number of people working from home has increased by 13 per cent in the last five years
- Just over four million employees usually worked at home in 2012, a rise of 470,000 since 2007.
- 65% of people who work from home are male
- The majority of homeworking jobs created in the last five years have gone to women.
- The rise in female homeworking is partly due to the fact that almost nine in ten (86.8 per cent) of these new jobs are part-time.
Low take-up of the NICs holiday scheme: FSB response
- 400 businesses requesting a NICs holiday in December 2012 – at its launch the scheme intended to attract 400,000 businesses over three years
- What FSB has been arguing for is the wider NICs cut which should encourage companies to take on extra staff