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Small Businesses

Volume 487: debated on Tuesday 3 February 2009

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform how many small businesses have ceased trading permanently in each quarter of the last five years. (250971)

I have been asked to reply.

The information requested falls within the responsibility of the UK Statistics Authority. I have asked the authority to reply.

Letter from Karen Dunnell, dated January 2009:

As National Statistician, I have been asked to reply to your recent Parliamentary Question concerning how many small businesses have ceased trading permanently in each quarter of the last five years (250971).

Quarterly statistics on businesses that have ceased trading are not available. Annual estimates on births, deaths and survivals of businesses are available from the ONS Business Demography publication. The table below contains the latest annual estimates.

Business deaths (Thousand)

2003

232

2004

244

2005

228

20061

209

20071

228

1 The figures for 2006 and 2007 are provisional.

The latest two years are considered provisional to allow for the possibility of closed businesses reactivating.

For 2007 separate statistics are available for businesses with 0-4, 5-9, 10-19 and 20 or more employment. For the full dataset see:

http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=15186