Growth outlook through a year of seismic change: Small business sentiment

Friday 27th June 2025

Last updated: 8th July 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

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