The Office for Statistics Regulation (OSR) is currently assessing the extent to which the Business Demography statistics produced by the Office for National Statistics (ONS) meet the professional standards set out in the statutory Code of Practice for Official Statistics. The Code of Practice is a regulatory framework based on the trustworthiness, quality and value of statistics. Engaging with users and capturing their views forms an important part of our judgment about the statistics.
We are assessing the trustworthiness, quality and value of these statistics to examine how well the data describes the “real” rate of UK entrepreneurial activity. The assessment will seek to evaluate how these statistics allow for drivers outside accepted economically creative behaviour, such as taxation (legal status) and geography (spatial clustering of service companies). The assessment will examine the technical potential for transforming these statistics into short term economic indicators and evaluate the added public value from such indicators.
We are also interested in what users think of the quality and coverage of the Inter Departmental Business Register (IDBR), as this is the one of the main data sources for the publication.