The 2026 UK Economic Outlook and Growth Strategies

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ANSR July UK PRs

Trading services were asked how their turnover in February 2026 compared with January 2026, omitting any seasonal trading. Information are plotted in the middle of the duration of each wave. Around a quarter (25%) of trading organizations reported a reduction in their turnover in February 2026 when compared with the previous month.

These movements follow the pattern seen in previous years when a peak in December is followed by a down trend in January and February. The markets with the greatest percentage reporting a decline in turnover in February 2026 were: the accommodation and food service activities industry (41%) the other services market (35%) the human health and social work activities market (34%) Around 16% of trading services reported that their turnover increased in February 2026, which was broadly stable with January 2026.

ANSR July UK PRs

Reviewing International Trade Outlooks for British Firms

For trading services with 10 or more staff members, 27% reported that their turnover had reduced, down 6 portion points from January 2026, and down 2 portion points from February 2025. More than one in five (24%) services reported that their turnover had increased, which was broadly stable with January.