New Businesses
(asked on 30th June 2025) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what data her Department holds on the number of high-growth businesses in the UK in each year since 2005.
Answered by
Gareth Thomas
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 7th July 2025
Data on UK high-growth businesses is published by the Office for National Statistics (ONS). These data are published on an ad-hoc basis and cover the period back to 2010. The ONS defines a business as high-growth if it experiences 20% annual growth rate of either employment or turnover for three consecutive years.
Ad-hoc publications are among the ‘user requested data’ published here.