Growth outlook through a year of seismic change: Small business sentiment
Friday 27th June 2025

Over the past 12 months, our Business Barometer has tracked the evolving sentiment of UK small businesses as they navigate the cost of living crisis. It’s been a year of seismic change—marked by inflation, rising costs, and a new government.
For this quarter's report, we’ve taken a new approach. Rather than interpret the data ourselves, we invited a senior editor from a leading UK newspaper to to offer an independent, editorial perspective on what the data reveals.
Jonathan Prynn, Business Editor of The Standard brings a fresh, journalistic lens to the findings—highlighting his interpreation of the story behind the stats.
Read Jonathan's view on how small businesses have responded to a year of extraordinary change