The Datum Report

Standing view · business · Redcar and Cleveland

The business base in Redcar and Cleveland has been shrinking.

deteriorating, held with established confidence, formed on 31 August 2026 from movements in 2026-06.

Business births in Redcar and Cleveland rose to 130 in the first quarter of 2025, then fell to 75 in the third. Closures rose to 160 in the second quarter of 2025, fell to 70 in the third, then rose to 190 in the second quarter of 2026, well above every formation figure. Falling formations with closures now at their highest points one way. There were 3,050 businesses in the borough in 2025 and five employing 1,000 or more people, across 3,895 sites.

How this was decided

A view is formed only where the evidence names a figure you can check. Each movement listed as a reason had to be large enough to matter and distinctive in at least one way — unusual against this area's own history, unusual against comparable areas, or sustained over several periods. A movement shared with peers counts for less, because it says something about the country rather than about Redcar and Cleveland. Where no figure supports a direction we hold no view rather than a hedged one.

The 5 measures that formed this view

MeasurePeriodDirection
Business births2025-03improving
Business deaths2025-06deteriorating
Business births2025-09deteriorating
Business deaths2025-09improving
Business deaths2026-06deteriorating

Also published on this topic, but not counted

These figures carry no defensible direction of their own: a rising house price is good news to an owner and bad news to someone trying to buy, so we do not score one as an improvement. They are shown because they are part of the picture, and they did not decide the view above.

MeasurePeriodSeries
Businesses2025
Businesses employing 1000+ or more people2025
Business sites2025