This statistical report investigates the relationship between business births and deaths in the UK manufacturing sector from 2014 to 2019. The study uses data from the Business Demography United Kingdom, employing quantitative methods including descriptive statistics, line graphs, bar graphs, correlation analysis, and regression analysis. The report examines trends in new business creation (births) and business closures (deaths) to determine if new businesses contribute to the decline of existing ones. Key findings include descriptive statistics for births and deaths, comparisons using line and bar graphs, and correlation and regression analyses to understand the relationship between the two variables. The analysis reveals a weak but theoretically significant correlation, indicating that an increase in new businesses may lead to a minor increase in business closures. The regression analysis further suggests a positive correlation, implying that an increase in new businesses is associated with an increase in business deaths, especially after 2018.
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