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Trading services were asked how their turnover in January 2026 compared to December 2025, leaving out any seasonal trading. Information are outlined in the middle of the duration of each wave. Nearly a third (31%) of trading companies reported that their turnover had decreased in January 2026 compared with the previous month.
Nevertheless, the motions are broadly in line with those observed around this time in previous years, with peaks in December followed by little falls in January. The markets with the greatest percentage reporting that turnover reduced in January 2026 were: the lodging and food service activities industry (52%, which is a 21 percentage point increase from December 2025) the other services market (45%) the arts, entertainment and leisure industry (40%) Around 16% of trading organizations reported that their turnover increased in January 2026, which was a 3 portion point boost compared with December 2025.
For trading services with 10 or more workers, 33% reported that their turnover had decreased, which was broadly stable compared to December and January 2025. More than one in five (23%) organizations reported that their turnover had increased, up 2 portion points compared to December 2025. Normally, the percentage of organizations reporting that their turnover increased associated to the size of the company.
Scaling Digital Transformation for British FirmsThe exception to this was the percentage for businesses with 250 or more staff members, which was 25%, and 5 portion points lower than December 2025 (30%). Trading organizations were asked how they expect their turnover to alter in the coming month. This can then be utilized to predict how business's turnover will really alter when that calendar month concludes.
Although trends in between anticipated turnover and actual turnover have broadly moved in the very same instructions, the movements for expectations tend to be larger. For presentational functions, some action alternatives have actually been removed. Data are outlined in the middle of the period of each wave. Caution must be taken when translating expectations concerns, as the employees responding on behalf of organizations may not have complete oversight of all of their service's future expectations.
More than one in 5 (21%) trading organizations anticipate their turnover to increase in March 2026. This is a 6 portion point increase from February 2026 but was broadly stable compared with expectations for March 2025 (22%). The percentage of trading businesses anticipating a boost in January 2026 was 13%, while the proportion that reported a real increase in turnover in January 2026 was 16%, suggesting a slight pessimism in companies expectations.
However, the patterns have broadly followed each other because the concerns were introduced in April 2022. The results for March 2026 follow the pattern from previous years, with the portion of services expecting turnover to increase peaking after a reduction in January. Larger organizations were more likely to expect an increase in turnover in March, with the proportion varying from 20% for companies with 0 to 9 workers, to 42% for services with 100 to 249 staff members.
For presentational functions, some action options have actually been eliminated. Information are plotted in the middle of the period of each wave. Caution needs to be taken when analyzing expectations concerns, as the staff members responding on behalf of companies may not have complete oversight of all of their service's future expectations. "." represents information not yet offered.
Forecasting UK Industry Trends for Mid-Market GrowthThe proportion of trading companies that anticipated a reduction in January 2026 was 25%, while the percentage that reported a real decline in turnover in January 2026 was 31%. The proportion of companies anticipating turnover to reduce for a particular month ahead of time has stayed significantly lower than the proportion of businesses reporting a real decline because month given that April 2022.
However, expectations for turnover to reduce have regularly followed the very same pattern, as actual reported turnover decreases throughout this time. Trading businesses were asked what challenges, if any, were affecting their turnover in early February 2026. Around 3 in 10 (30%) trading services reported that financial uncertainty was having an influence on their turnover, which was broadly steady with early January 2026.
For trading businesses with 10 or more staff members, cost of labour was the most regularly reported challenge, at 36%. Organizations with 10 to 49 workers were more most likely to report expense of labour as an obstacle than services with 250 or more staff members (37%, compared with 20%). One in five (20%) trading companies with 10 or more employees indicated that they were not presently experiencing any turnover obstacles in early February 2026.
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