Number of UK Companies Shrinks for First Time Since Records Began Under Reeves

For the first time since records began in 2012, the number of businesses listed on Companies House has fallen. The total number of UK businesses stood at 5,408,707 at the end of 2024 – down 19,879 from the previous quarter. The “effective register” (which excludes companies being dissolved or liquidated) plunged by a staggering 59,495. […] Read the rest