UK Business Activity Steadies in May 2026
As the UK moved into the second month of the new financial year, the latest UK Business Insights numbers told a story of businesses settling into a rhythm rather than chasing the burst of activity that typically follows April's fresh start. The Headline Numbers May saw over 71,100 new company incorporations — a slight pullback from April's 72,300, but still a strong showing that points to sustained entrepreneurial confidence. Alongside this, 14,200 charges were registered and 7,600 County Court Judgments (CCJs) were filed, both down from the previous month. Company dissolutions ticked upward, with more than 59,300 businesses closing compared to 55,300 in April — a pattern often seen as firms review viability once the new financial year is underway, rather than acting on impulse in the first weeks. Where the Growth Is Happening London remains the country's undisputed hub for new business formation, adding nearly 25,000 companies in the month. The South East and N...