UK PulseThe national picture
National overview

Business & trade

Business activity, investment, insolvencies, exports, imports and productivity.

15

tracked measures

5

source systems

Headline measures

VAT businesses

2.73m

Apr 2025Mar 2026
−0.6%March 2026

Services output

+0.7%

Jun 2025May 2026
3m/3mMay 2026

Company insolvencies

2,163

Jul 2025Jun 2026
−3.1%June 2026

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Explore the detail

Business activity, productivity, trade and company formation are presented as separate signals.

More indicators

1 measure

Goods and services exports

£918bn

Q2 2023Q1 2026
+3.2%Year to Q1 2026

International trade

4 measures

Monthly total trade balance

−£1.04bn

May 2026May 2026
latest seasonally adjustedMay 2026

Three-month total trade balance

−£9.1bn

3 months to Feb 20263 months to May 2026
deficit widened £4.4bn3 months to May 2026

Goods trade balance

−£60.9bn

3 months to May 20263 months to May 2026
deficit widened £3.1bn3 months to May 2026

Services trade balance

£51.8bn surplus

3 months to May 20263 months to May 2026
surplus narrowed £1.3bn3 months to May 2026

Business health

2 measures

Company insolvency reporting

Monthly

June 2026June 2026
monthly accredited seriesJune 2026

Company insolvency rate

51.8 per 10k

Year to Apr 2025Year to Apr 2026
−0.7 per 10,000 yr/yrYear to Apr 2026

Business population

3 measures

Companies on the register

5.48m

31 Mar 202531 Mar 2026
+0.94% yr/yr31 Mar 2026

Companies on the effective register

4.93m

31 Mar 202631 Mar 2026
excludes dissolution and liquidation31 Mar 2026

Company dissolutions

787,120

2024/252025/26
+8.31% yr/yr2025/26

Business demography

2 measures

Business deaths

280k

20232024
−30k yr/yr2024

Business death rate

9.8%

20232024
−1.0pp yr/yr2024

Trade and productivity estimates are revised and can be volatile across individual months or quarters. Every card links directly to its publishing organisation.