Co-operatives UK's annual report is out. New co-ops are more than twice as likely as other businesses to still be going after five years.

Every year Co-operatives UK publishes a report on the size of the co-operative and mutual economy. This year's came out on 24 September. It covers co-operatives, mutuals, building societies and employee-owned businesses.

Taken together, they have £241.3 billion in annual income and support 1.7 million jobs. Between them they hold 70.4 million memberships.

Co-operatives on their own are a small part of that. There are 8,005 in the UK, 0.14% of all businesses, and last year their number grew by 0.41%. There are 529 in the East Midlands.

The figure that stood out for us is survival. New co-operatives have an 82.8% chance of lasting their first five years. For UK businesses overall it's 38.4%.

The report doesn't give separate figures for worker co-operatives, where the people who work in the business own it. That's the model SPRoUT is being built on.

The full report is on the Co-operatives UK website.