Business insights and impact on the UK economy: 8 January 2026

The impact of challenges facing the economy and other events on UK businesses, including financial performance, workforce, trade, and business resilience.

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8 January 2026

This release has a headline only format and is accompanied by our full dataset.

Cyswllt:
Email Business Insights and Conditions Survey (BICS) team

Dyddiad y datganiad:
8 January 2026

Cyhoeddiad nesaf:
22 January 2026

1. Main points

  • Approximately a quarter (25%) of businesses reported that they are currently using some form of artificial intelligence (AI) technology in late December 2025, up 15 percentage points since the question was first introduced in late September 2023; for businesses with 250 employees or more, the proportion was higher at 44%.

  • When asked in late December 2025, around one in seven (15%) businesses reported they were planning to adopt some form of AI technology within the next three months; this is up 2 percentage points from late September 2025 and is the largest proportion reported since the question was introduced in late September 2023.

  • In late December 2025, 4% of businesses that currently use some form of AI technology reported that their overall workforce headcount had decreased as a result of using those technologies; 5% of businesses that were planning to adopt AI technology within the next three months reported that they expect headcount to decrease as a result.

  • Almost a quarter (23%) of businesses reported in late December 2025 that they were concerned about the impact climate change may have on their business; down 2 percentage points from late September 2025 and the lowest proportion recorded since the question was introduced in September 2022.

  • More than a quarter (27%) of businesses reported in late December 2025 that they currently have no debt obligations, which is broadly stable with late September 2025; of those that do have debt obligations, 3% reported they have low or no confidence that they will meet their debt obligations and 58% reported they have high or moderate confidence.

  • Approximately one in seven (14%) trading businesses reported they had no cash reserves in late December 2025; this is down 3 percentage points from late September 2025, which was the highest proportion reported since the question was introduced in late June 2020.

!

These are official statistics in development, and we advise caution when using the data. The Business Insights and Conditions Survey (BICS) questions and topics are regularly reviewed, and questions are often added, removed, or amended to reflect changing circumstances and analytical priorities.

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2. Headline figures

The data presented in this bulletin are the final results from Wave 147 of the Business Insights and Conditions Survey (BICS), which was live from 15 to 28 December 2025.

Data reported within BICS bulletins and datasets are estimates that are subject to uncertainty, for example, sampling variability and non-sampling error. Further information on quality is available in our Business Insights and Conditions Survey Quality and Methodology Information (QMI), and we regularly update confidence intervals associated with the survey questions.

Single-site weighted regional estimates up to Wave 142 are available in our Business insights and impact on the UK subnational single-site economy: November 2025 article.

More about economy, business and jobs

The percentage of businesses that reported they were trading in late December 2025 was 95%, with 84% fully trading and 11% partially trading (for example, trading with reduced hours or staff numbers). Meanwhile, 4% of businesses reported "temporarily paused trading" and 2% reported "permanently ceased trading" as their business's trading status.

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3. Data from the Business Insights and Conditions Survey

Business insights and impact on the UK economy
Dataset | Released 8 January 2026
Weighted estimates from the voluntary fortnightly Business Insights and Conditions Survey (BICS) about financial performance, workforce, prices, trade, and business resilience. This dataset includes additional information collected as part of the survey not presented in this publication. These are official statistics in development.

Business insights and impact on the UK economy confidence intervals
Dataset | Released 8 January 2026
Confidence intervals for weighted estimates from the voluntary fortnightly Business Insights and Conditions Survey (BICS) about financial performance, workforce, prices, trade, and business resilience. These are official statistics in development.

Access to microdata 

You can access the microdata for Waves 1 to 146 of the Business Insights and Conditions Survey (BICS) through the Secure Research Service (SRS). The BICS microdata for each wave are released on a rolling basis in the week following the publication of each wave. The microdata are made confidential and do not disclose information on any specific business. 

Only researchers accredited under the Digital Economy Act, as explained on the UK Statistics Authority website are able to access data in the SRS.  You can apply for researcher accreditation using the People and Projects Service (PPS).  For more information, please see the guidance on the Integrated Data Service (IDS) website. 

To conduct analysis with microdata from the SRS, a project application must be submitted to the Research Accreditation Panel (RAP), as explained on the UK Statistics Authority website. Project accreditation applications should be submitted using the Project Accreditation Service for SRS (PASS). For more information, please see our guidance on applying for an accredited research project.  

To use the SRS, you must access it through the appropriate safe setting. For more information on the full range of safe setting options, please see our guidance on accessing data securely

Making our published spreadsheets accessible 

Following the Government Statistical Service (GSS) guidance on releasing statistics in spreadsheets, we will be amending our published tables over the next couple of publications to improve the usability, accessibility and machine readability of our published statistics. If you have any questions or comments, please email us at bics@ons.gov.uk

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4. Glossary

Reporting unit

The reporting unit is the business unit to which questionnaires are sent. The response from the reporting unit can cover the enterprise as a whole, or parts of the enterprise identified by lists of local units.

Private sector businesses 

The Business Insights and Conditions Survey (BICS) is a survey of private sector businesses, meaning that the public sector is not sampled. Some businesses are also excluded; please see the Coverage section of Section 5: Data sources and quality for more information. 

Trading businesses   

Trading businesses refers to businesses that responded that their trading status was "currently fully trading" or "currently partially trading" only. 

If trading businesses is not specifically specified, the statistics presented refer to businesses that have "not permanently stopped trading". This includes trading businesses and those that said their trading status was "paused trading and intends to restart in the next two weeks" or "paused trading and does not intend to restart within the next two weeks".

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5. Data sources and quality

More quality and methodology information (QMI) on strengths, limitations, appropriate uses, and how the data were created is available in our Business Insights and Conditions Survey (BICS) QMI, which was updated on 10 October 2024.

The BICS is voluntary, and the results are official statistics in development. More information is available in our Guide to official statistics in development.

The results are based on responses from the voluntary fortnightly BICS, which captures businesses' views on financial performance, workforce, prices, trade and business resilience. The Wave 147 survey was live for the period 15 to 28 December 2025. For full details of the survey questions used, see our Business Insights and Conditions Survey questions: 15 to 28 December article.

Coverage

The BICS sampling frame is based on the same industries as our Monthly Business Survey (MBS). The MBS covers the UK for production industries only, and Great Britain for construction, retail and services industries. The MBS is an important input to the output measure of gross domestic product (GDP), which includes monthly GDP.

For detailed information on the industries covered by the MBS and BICS, see our GDP(o) data sources catalogue. The following are some industries that are excluded from MBS and BICS:

  • agriculture

  • oil and gas extraction

  • energy generation and supply

  • public administration and defence

  • public provision of education and health

  • finance and insurance

For more information on the methodology of producing the BICS, such as weighting, please see our Business Insights and Conditions Survey (BICS) QMI report.

Strengths and limitations

More quality and methodology information (QMI) on strengths, limitations, appropriate uses, and how the data were created is available in our Business Insights and Conditions Survey (BICS) QMI.

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7. Cite this statistical bulletin

Office for National Statistics (ONS), released 8 January 2025, ONS website, statistical bulletin, Business insights and impact on the UK economy: 8 January 2026

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Manylion cyswllt ar gyfer y Bwletin ystadegol

Business Insights and Conditions Survey (BICS) team
bics@ons.gov.uk
Ffôn: +44 1633 560479