According to available data, 18,356 UK businesses have gone bankrupt since Keir Starmer became Prime Minister in July 2024. The estimate includes insolvencies in England, Wales, Scotland, and Northern Ireland. This number focuses on formal insolvencies, not all business closures, which could be higher.

Since Keir Starmer became Prime Minister (05 Jul 2024), the UK has seen a notable increase in small business insolvencies. Our analysis, based on government and industry data, estimates around 6,702 small businesses have ceased operations by Mar 26, 2025.