WEBVTT

NOTE A schedule, not a shock
NOTE Narrated by Imogen. Generated from public/films/voice-takes.json
NOTE by scripts/build-film-captions.mjs. Edit the narration, not this file.

1
00:00:00.900 --> 00:00:07.400
There were 585,396 babies born in England and Wales in 2025.

2
00:00:07.400 --> 00:00:13.809
That is 1.6 per cent fewer than the year before.

3
00:00:15.320 --> 00:00:21.820
The fertility rate fell too, from 1.41 to 1.39 children per woman.

4
00:00:21.820 --> 00:00:28.227
Well below the level that keeps a population steady on its own.

5
00:00:28.440 --> 00:00:33.076
That sounds like a subject for demographers. It is not.

6
00:00:33.076 --> 00:00:39.576
A birth number is a customer number with a delay on it, and the delay is long enough

7
00:00:39.576 --> 00:00:40.840
to plan around.

8
00:00:41.420 --> 00:00:46.895
A child born this year needs a nursery place in about two years.

9
00:00:46.895 --> 00:00:53.055
A primary school place in about five. A secondary place in about eleven.

10
00:00:53.055 --> 00:00:57.760
None of that is a forecast. The children already exist.

11
00:00:57.760 --> 00:01:02.384
So a falling birth number is not a shock. It is a schedule.

12
00:01:02.384 --> 00:01:08.655
And what usually happens in a slowly shrinking market is not collapse, it is the

13
00:01:08.655 --> 00:01:12.260
smaller firms being bought by the bigger ones.

14
00:01:12.260 --> 00:01:18.760
Count the firms, not the babies. Your market is the one in your own postcodes.
