20/08/2025
The latest Cynergy Bank Business Births and Deaths Index has just been published 📊
Drawing on the latest ONS data, the findings paint a mixed picture for the UK economy in Q2 of 2025:
👉 The second quarter of 2025 saw a sharp decline in new manufacturing start-ups amid tariff uncertainty.
👉 The British manufacturing sector has lost a net 13,520 businesses over the past four years, as closures have consistently outpaced new openings since 2021.
👉 Q2 of 2025 saw a net job loss of 2,001, as more jobs vanished with closures than were created by start-ups.
👉 Real estate, education, health and transportation sectors showed resilience and growth despite wider economic challenges.
You can read more on the key findings here – https://www.cynergybank.co.uk/the-index