New Business Statistics Classifications

Bank of England Industrial Classifications

A Standard Industrial Classification (SIC) was first introduced into the United Kingdom in 1948 for use in classifying business establishments and other statistical units by the type of economic activity in which they are engaged. The classification provides a framework for the collection, tabulation, presentation and analysis of data and its use promotes uniformity. In addition, it can be used for administrative purposes and by non-government bodies as a convenient way of classifying industrial activities into a common structure.

The new business statistics can be found here.

List of Classifications used in New Business Statistics

Fund managers activities:
  1. UK Investment and unit trusts other than UK money market mutual funds
  2. UK money market mutual funds
  3. UK Insurance companies and pension funds
  4. UK Individuals
  5. Any UK residents not elsewhere covered
  6. Non-resident clients
  7. Any other deposits by fund managers
  8. Other auxiliary activities
  1. Agriculture, Hunting and Forestry
  2. Fishing
  3. Mining and Quarrying
  4. Manufacturing
    1. Food, beverages and tobacco
    2. Textiles and leather
    3. Pulp, paper, publishing and printing
    4. Chemicals and man-made fibres and rubber and plastics
    5. Other non-metallic mineral products and metals
    6. Machinery and equipment not elsewhere covered and transport equipment
    7. Electrical, medical and optical equipment
    8. Other manufacturing
  5. Electrical, Gas and Water Supply
    1. Supply of electricity, gas and heated water
    2. Cold water purification and supply
  6. Construction
  7. Wholesale and Retail Trade Repairs
    1. Sale & repair of motor vehicles and retail sale of automotive fuel
    2. Wholesale trade, excluding motor vehicles & motorcycles
    3. Retail trade and repair, excluding motor vehicles & motorcycles
  8. Hotels and Restaurants
  9. Transport, Storage and Communication
  10. Real Estate, Renting and Other Business Activities
    1. Development, buying, selling and renting of real estate
    2. Renting of machinery & equipment without operator and of personal & household goods
    3. Computer and related activities
    4. Legal, accountancy, business consultancy and other business activities (including research and development)
  11. Public Administration and Defence
  12. Education
  13. Health and Social Work
  14. Recreational, Personal and Community Service Activities
    1. Personal and community service activities
    2. Recreational, cultural and sporting activities
  15. Financial Intermediation excluding Insurance Companies & Pension Funds
    1. Financial leasing corporations
    2. Non bank credit grantors, excluding credit unions
    3. Credit unions
    4. Factoring corporations
    5. Mortgage & housing credit corporations
    6. Investment and Unit trusts other than money market mutual funds
    7. Money market mutual funds
    8. Bank holding companies
    9. Securities dealers
    10. Other financial intermediaries not elsewhere covered
  16. Insurance Companies and Pension Funds
  17. Activities Auxiliary to Financial Intermediation