This is an experimental UK industry-to-industry payment flows dataset based on anonymised and aggregated Bacs Payment System (Bacs) Direct Debit, Bacs Direct Credit, and Faster Payment System (FPS) payments. The dataset contains the monthly value and count of transactions between Standard Industry Classification five-digit (SIC5).

Detail of release

The Office for National Statistics (ONS) is collaborating with Pay.UK and Vocalink, respectively the operator of and infrastructure provider to the UK's retail interbank payment systems including the Bacs Payment System (Bacs) and the Faster Payment System (FPS), to develop experimental economic indicators using payment systems data.

This data contains anonymised and aggregated granular industry-to-industry payment flows between over 8 million organisations and businesses in the UK. A mix of probabilistic and deterministic data science processes have been used to identify organisations and their Standard Industry Classification (SIC) code. Payments involving overseas accounts, personal accounts, and unidentified business accounts are excluded.

The data contains the monthly value and count of transactions between SIC5 industries between January 2017 and November 2024.

See the ONS release Industry-to-industry payment flows, UK: 2017 to 2024, experimental data for more information.

For more details on the strengths and limitations of the data see Industry-to-industry monthly payments, UK QMI.

Description of the data

The data set is supplied in CSV format. Statistical disclosure controls are applied to the data to ensure no business or organisation is identifiable within the data.

Industry-to-Industry payment flows data (type: zip, size: 107.0 MB)

The following variables are included in the dataset:

Payer (5-digit SIC)		Five-digit SIC industry of payer of aggregated organisation and business payments
Payee (5-digit SIC)		Five-digit SIC industry of payee of aggregated organisation and business paymentst
Date		The month in which the payments occurred
Value (£)		The aggregated value of payments made by the payer SIC to the payee SIC
Number of transactions		The aggregated count if payments made by the payer SIC to the payee SIC

More information

For queries on the dataset or article please contact:

E-mail: card.payments.team@ons.gov.uk