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New Businesses

Asked by Mark GarnierConservativeDepartment for Business and TradeTabled Answered 7 July 2025UIN 63566

The question

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

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.

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