United Kingdom Small Business Index

This index shows changes in the overall performance of United Kingdom small businesses from month to month.

A line graph showing the ups and downs in the United Kingdom Small Business Index since January 2017.

The United Kingdom's Small Business Index fell 4 points.

Latest update and data

The United Kingdom Index report

The latest on the state of small businesses in the United Kingdom.

Download June update (PDF)

This month’s data

Download all the Xero Small Business Index data in Excel format.

Download June data (ZIP file)

Methodology

An explanation of data sources and how the index is constructed.

Learn about the index (PDF)

A line graph showing monthly metrics for wages.

Wages grew 4.8% y/y in June 2022, just below the May record increase of 4.9% y/y.

A line graph showing monthly metrics for jobs.

Small business jobs fell 5.1% y/y in June, the same decline as in the year to May 2022.

A line graph showing monthly metrics for time to be paid.

The average time small businesses waited to be paid rose 0.6 days to 30.6 days.

A line graph showing monthly metrics for sales.

Sales grew just 5.2% y/y in June, sharply slower than the 19.1% y/y rise in May.

Contact us about Xero Small Business Insights

If you have any questions about the UK Small Business Index or Xero Small Business Insights, reach out to us.