UK services output annual growth: business and financial
UK services output annual growth: business and financial stood at 2.8% in Jul 2026, according to Office for National Statistics (ONS). It is one of the indicators in the Monthly GDP and output table (Value · Monthly), with a complete series running from Jan 1998 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the Monthly GDP and output table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Services output, growth on a year earlier | |||||||||||
| J-N — Information, finance, real estate and business services | 2.8 | 1.5 | 1.4 | 1.5 | 1.3 | 0.9 | 0.5 | 0.7 | 1 | 0.9 | |
| J-T — Services excluding distribution, transport, accommodation and food | 2.2 | 1.3 | 1.2 | 1.3 | 1.4 | 1.1 | 0.6 | 0.8 | 1 | 1.1 |
Understanding UK services output annual growth: business and financial
Information technology, publishing, telecommunications, financial intermediation, insurance, real estate, legal, accounting, engineering, scientific research, and administrative support activities form this business-oriented aggregate across the United Kingdom. It measures the output of knowledge-intensive industries, corporate headquarters, financial institutions, and professional service providers. Unlike retail or transport sectors, this grouping captures intangible economic value, advisory functions, and digital infrastructure.
Interpreting these growth rates requires recognising that financial and professional services often operate on longer corporate contracting cycles rather than immediate consumer spending shifts. Revisions to early monthly figures in this category are common due to the complexity of gathering data from large corporate entities and financial intermediaries. Analysts use year-on-year growth comparisons to assess structural expansions in the knowledge economy while filtering out standard seasonal financial reporting periods.
Frequently asked questions
- What industries make up business and financial services?
- Information technology, finance, insurance, real estate, legal, accounting, engineering, and administrative support across the United Kingdom.
- How does this differ from distribution and catering?
- It focuses on professional expertise, financial transactions, and digital infrastructure rather than physical goods sales and hospitality.
- Why are revisions frequent in business and financial data?
- Gathering detailed financial and professional output returns from complex corporate structures often requires subsequent data updates.