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The Future of the UK Business Economy

  1. The number of Value Added Tax (VAT) and/or Pay-As-You-Earn (PAYE) businesses in the UK continued to grow to 2.67 million in March 2017 compared with 2.55 million in March 2016, which is consistent with the performance of the broader UK economy.

  2. The number of companies and public corporations has continued to rise and represents 70.7% of total UK businesses, which has offset a gradual fall in sole proprietors and partnerships.

  3. The largest industry group is professional, scientific and technical, making up 17.9% of all registered businesses in the UK.

  4. London remained the region with the largest number of businesses, representing 18.9% of the UK total


Contents

The Future of the UK ..................................................................................... 1
The UK Business Economy and its Outlook .................................................... 1
Reasons for Failure and Success ................................................................. 7
Consumer Spending Habits ...................................................................... 11
Trends: .................................................................................................. 13 Outlook..................................................................................................... 14
Brexit Britain .......................................................................................... 14
Conclusion ................................................................................................ 17
Bibliography and References .................................................................... 18
Contact Information ................................................................................. 19






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