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Headcount among small businesses increased by 0.4% year-on-year in April and median gross earnings rose by 4.6%, a slower growth than the previous month

There has been a decrease in account holders with overdrawn accounts, but an increase in both living beyond means and low emergency resilience

Updated to the 15th of March, the Nowcast shows a positive economic shift, with average incomes increasing and living beyond means decreasing

Sage SME Monthly Workforce Pulse shows that YoY gross earnings is up 4.9% while take-home pay is up 3.9% and total headcount is up by 0.3%

There has been a decrease in account holders living beyond means, but an increase in overdrawn accounts

The Economic Nowcast has been updated to 15 February and shows a slight shift in a positive economic direction, with average incomes increasing across GB

February insights drawn from anonymized payroll data from approximately 200,000 small businesses with millions of employees across the UK

Did you know that alongside our research-ready datasets within the Economic Wellbeing Explorer you are able to integrate your own data sources?

How SME smart data on profitability, workforce, investment and growth can be harnessed for a bigger purpose.