Leicestershire - Economic Profile 2016 Employment Employment Key Sectors 451,900 Employment Numbers 450,000 400,000 Employment Numbers 40,000 350,000 287,200 300,000 250,000 200,000 164,700 34,000 35,000 28,600 30,000 25,000 Earnings 600 23,900 422 400 14,300 15,000 14,400 7,700 10,000 7,200 5,000 1,400 - 300 200 150,000 100 50,000 0 England 0 Leicester Leicestershire LLEP Area NVQ2 & Above Managers, directors and senior officials, professional occupations, associate professional & technical 40 35 Administrative & secretarial, skilled trades occupations 30 25 22.1 20 21.2 16.8 17.1 17.0 14.1 15 Caring, leisure and Other Service occupations, Sales and customer service occs 10 Process plant & machine operatives, elementary occupations 5 75 66.8 63.7 65 62.4 60.5 60 55 50 2012 England England 34.9 35 32.5 35.7 34.1 30 28.9 27.4 25 29.8 27.9 20 2011 2013 LLEP Area Leicester 2014 2011 Leicestershire England 3 Year Business Survival (%) Business Births 2012 LLEP Area 2013 Leicester 2014 Leicestershire % Business Growth 2011 to 15 65 6,000 5,045 5,000 100 63.1 LLEP Area 90 61.0 80 60 3,365 Leicester 2,305 1,745 2,000 1,060 1,000 Leicestershire 0 55 54.2 2010 2011 2012 2013 60 50 40 30 51.4 28.9 15.9 20 19.2 18.6 LLEP Area England 10 50 3-year survival % (2012) 2009 % Share 3,000 70 59.3 57.6 3,300 3 year survival rates 4,000 75.8 73.9 72.6 71.4 70 0 LLEP Area 40 % of Working age population 44.8 % of Working age population 46.7 Leicestershire Resident Earnings NVQ4 & Above 80 45 Leicester Workplace Earnings Occupations 50 % of Occupations 527 490 475 21,100 20,100 20,000 100,000 Number of Business Births 533 532 500 £s Earned 500,000 3-year survival % (2013) 3-year survival % (2014) 2014 England LLEP Area Leicester 1 Leicestershire 0 Leicester Leicestershire Leicestershire Economic Profile The Information below provides an understanding of the different facets of the Leicestershire Economy. Data has been drawn from national data sources. Brought together these provide a snapshot of the Leicestershire area. Population Population data has been accessed through ONS Census 2011. Population Leicester Leicestershire LLEP Area England 329,800 650,500 980,300 53,012,500 Under 15 (number) 65,200 109,300 174,500 10,022,800 15 to 64 227,400 425,800 653,100 34,329,100 Over 64 37,200 115,400 152,700 8,660,500 Under 15 (%) 20 17 18 19 15 to 64 69 65 67 65 Over 64 11 18 16 16 Total Population Observations The Leicestershire area has a population of 650,500. 17% of the population of Leicestershire are under 16, 18% 15 to 64 and the rest (65%) over 64. Using the ONS Annual Population Survey the estimated total population in 2015 was 675,300. The working age population make up 62.5% (422,200) of the total population. Note: The working age population are those that are 16 to 64. Qualifications NVQ2 Data is taken from the ONS Annual Population Survey and relates to the period 2011 to 2014. The table demonstrates growth between the periods 2011 and 14, 2013 and 14 and the difference between local and national figures. Area 2011 2012 2013 National National National Percentage Percentage Percentage Point Dif Point Dif Point Dif 2011 2013 2014 2014 Growth 2011 -14 % Growth 2011 - 14 Growth 2013 -14 % Growth 2013 - 14 69.3 24,313,700 71.7 24,577,500 72.4 24,904,200 73.2 67.6 439,100 69.5 444,100 69.9 460,700 72.6 0.0 0.0 0.0 1,531,100 6.6 326,700 1.3 -1.7 -2.5 -0.6 34,700 8.1 16,600 3.7 133,100 60.5 140,700 63.7 138,700 62.4 149,400 66.8 -8.8 -10.0 -6.4 16,300 12.2 10,700 7.7 292,900 71.4 298,400 72.6 305,400 73.9 311,300 75.8 2.1 1.5 2.6 18,400 6.3 5,900 1.9 Blaby 42,100 70.0 41,100 71.5 43,600 74.9 41,600 74.6 0.7 2.5 1.4 -500 -1.2 -2,000 -4.6 Charnwood 77,700 72.5 81,200 74.6 84,500 76.3 86,000 75.8 3.2 3.9 2.6 8,300 10.7 1,500 1.8 Harborough 39,100 75.5 40,800 76.6 39,500 74.0 41,100 79.4 6.2 1.6 6.2 2,000 5.1 1,600 4.1 Hinckley & Bosworth 44,200 67.7 45,900 70.0 48,200 72.8 50,700 75.8 -1.6 0.4 2.6 6,500 14.7 2,500 5.2 Melton 24,100 73.8 22,100 69.5 22,200 69.8 21,900 70.7 4.5 -2.6 -2.5 -2,200 -9.1 -300 -1.4 North West Leics 41,400 72.4 41,800 70.1 41,500 71.8 43,200 74.0 3.1 -0.6 0.8 1,800 4.3 1,700 4.1 Oadby & Wigston 24,200 68.0 25,500 74.5 25,900 74.4 26,800 80.1 -1.3 2.0 6.9 2,600 10.7 900 3.5 England LLEP Area Leicester Leicestershire 23,373,100 426,000 2 Observations In the LLEP area 72.6% of the working age population had an NVQ2 in 2014. In England the figure was 73.2%. The picture is very different in Leicester and Leicestershire. In Leicester the figure was 66.8% and Leicestershire 75.8%. Over the period 2011 to 2014 the number of those educated to NVQ2 and above grew by 12.2% in Leicester. In Leicestershire the figure was 6.3% and in England 6.6%. Growth over the period 2013 to 14 in Leicester was 7.7% and Leicestershire 1.9%. In England there was growth over the same period of 1.3%. In the LLEP area there was growth of 3.7%. The only areas where there was negative growth were Blaby and Melton. NVQ4 Data is taken from the ONS Annual Population Survey and relates to the period 2011 to 2014. The table demonstrates growth between the periods 2011 and 14, 2013 and 14 and the difference between local and national figures. NVQ4 Area 2011 2012 National National National Percentage Percentage Percentage Point Dif Point Dif Point Dif 2011 2013 2014 2014 Growth 2011 -14 % Growth 2011 - 14 Growth % Growth 2013 -14 2013 - 14 34.1 11,862,700 34.9 12,144,600 35.7 0.0 0.0 0.0 1,172,600 10.7 281,900 2.4 LLEP Area Leicester Leicestershire 182,800 29.0 186,300 29.5 200,100 31.5 209,100 33.0 -3.5 -3.4 -2.7 26,300 14.4 9,000 4.5 60,300 27.4 61,600 27.9 64,100 28.9 66,700 29.8 -5.1 -6.0 -5.9 6,400 10.6 2,600 4.1 122,500 29.9 124,700 30.4 136,000 32.9 142,400 34.7 -2.6 -2.0 -1.0 19,900 16.2 6,400 4.7 Blaby 14,200 23.7 13,900 24.1 22,000 37.9 21,300 38.2 -8.8 3.0 2.5 7,100 50.0 -700 -3.2 Charnwood 35,300 32.9 36,900 33.9 36,500 32.9 40,700 35.9 0.4 -2.0 0.2 5,400 15.3 4,200 11.5 Harborough 20,000 38.6 20,700 38.8 21,300 39.9 20,400 39.4 6.1 5.0 3.7 400 2.0 -900 -4.2 Hinckley & Bosworth 15,600 23.8 17,400 26.5 19,300 29.2 20,300 30.4 -8.7 -5.7 -5.3 4,700 30.1 1,000 5.2 Melton 10,700 32.7 11,400 35.7 9,500 29.8 9,400 30.2 0.2 -5.1 -5.5 -1,300 -12.1 -100 -1.1 North West Leics 16,400 28.6 13,200 22.2 14,700 25.4 16,300 28.0 -3.9 -9.5 -7.7 -100 -0.6 1,600 10.9 Oadby & Wigston 10,400 29.1 11,300 33.0 12,700 36.6 14,000 41.9 -3.4 1.7 6.2 3,600 34.6 1,300 10.2 England 10,972,000 32.5 11,547,600 2013 Observations In the LLEP area 33% of the working age population had an NVQ4 and above in 2014. In England the figure was 35.7%. In Leicester the figure was 29.8% and Leicestershire 34.7%. Over the period 2011 to 2014 the number of those educated to NVQ4 and above grew by 10.6% in Leicester. In Leicestershire the figure was 16.2% and in England 10.7%. Growth over the period 2013 to 14 in Leicester was 4.1% and Leicestershire 4.7% (LLEP area 4.5%). In England there was growth of 2.4%. The areas where there was negative growth were Blaby, Harborough and Melton. Apprenticeships The data in the table below has been accessed from the Skills Funding Agency data cubes. Information relates to learner postcode. The table demonstrates growth over the period 2011/2012 to 2014/2015 and 2013/2014 and 2014/2015 for those starting apprenticeships. 3 Leicester % Leicestershire Leicestershire % 2014/15 2014/15 % 2014/15 2014/15 % Leicester to to to to LLEP Area Year 2011/12 2012/13 2013/14 2014/15 Overall Total Growth 2011/12 Growth 2011/12 Growth 2013/14 Growth 2013/14 9,120 9,650 7,450 9,460 35,680 340 3.7 2,010 27.0 2,940 3,010 2,380 3,110 11,450 170 5.8 730 30.7 32.2 31.2 31.9 32.9 32.1 0.6 2.0 1 2.9 6,180 6,640 5,070 6,350 24,240 170 2.8 1,280 25.2 67.8 68.8 68.1 67.1 67.9 -0.6 -0.9 -0.9 -1.4 Observations In the 2014/15 there were 9,460 apprenticeship starts in the LLEP Area. 32.9% (3,110) of these were in Leicester and the rest (6,350 or 67.1%) in the County. In the LLEP area the number of apprenticeships over the period 2011/2012 to 2014/15 grew by 340. In Leicester 170 and Leicestershire 170. Employment The information in the table below has been accessed through the Business Registration and Employment Survey and relates to the period 2009 to 2014. The table demonstrates share of employment by geography, as well as growth in employment by geography for the periods 2009 – 2014 and 2013 – 14. Area Leicester Leicestershire LLEP Area Blaby Charnwood Harborough Hinckley & Bosworth Melton North West Leics Oadby & Wigston England Employment - Geography 2009 2010 2011 2012 2013 2014 Growth 2009 - 14 Growth 2013 - 14 Number % Share Number % Share Number % Share Number % Share Number % Share Number % Share Growth % Growth Growth % Growth 161,900 36.6 162,500 37.0 158,300 36.6 158,100 36.4 162,100 36.6 164,700 36.5 2,800 1.7 2,600 1.6 280,200 63.4 277,000 63.0 274,400 63.4 276,000 63.6 280,400 63.4 287,200 63.5 7,000 2.5 6,800 2.4 442,100 100.0 439,500 100.0 432,600 100.0 434,100 100.0 442,400 100.0 451,900 100.0 9,800 2.2 9,500 2.1 49,700 17.7 48,300 17.4 49,100 17.9 51,800 18.8 50,700 18.1 52,700 18.4 3,000 6.1 2,000 4.1 64,200 22.9 63,500 22.9 59,800 21.8 59,900 21.7 61,900 22.1 65,200 22.7 1,000 1.5 3,300 5.2 36,900 13.2 35,800 12.9 36,800 13.4 35,400 12.8 37,500 13.4 37,800 13.2 900 2.7 300 0.8 38,800 13.9 39,100 14.1 39,700 14.5 39,700 14.4 41,200 14.7 41,900 14.6 3,100 8.0 700 1.7 20,200 7.2 20,700 7.5 20,300 7.4 19,200 6.9 20,000 7.1 20,100 7.0 -100 -0.3 100 0.7 51,000 18.2 50,500 18.2 49,600 18.1 52,200 18.9 51,100 18.2 52,000 18.1 1,000 1.9 900 1.8 19,400 6.9 19,200 6.9 19,000 6.9 18,000 6.5 18,000 6.4 17,400 6.1 -2,000 -10.5 -600 -3.4 24,068,100 23,982,000 24,062,609 24,208,241 24,481,459 25,151,245 1,083,145 4.5 669,786 2.7 Observations In 2014 there was employment of 451,900, 63.5% (or 287,200) was based in the County and the rest in the City (36.5% or 164,700). Over the period 2009 to 2014 there was employment growth of 9,800 in the LLEP area. The majority of this was over the period 2013 – 14 (9,500). In the County there was growth of 7,000. Oadby and Wigston was the only area that saw negative growth between 2013 and 14. Note: Figures have been rounded to the nearest 100. Key Sector Employment The data in the table below has been accessed through the Business Registration and Employment Survey (4 digit SIC codes) and relates to the period 2009 to 2014. The table demonstrates share of 4 employment by key and other sectors, as well as growth in employment for the periods 2009 – 2014 and 2013 – 14. Key sectors use those SIC codes identified in the Sector Growth Plans. Leicestershire Key Sector Employment Advanced Manufacturing &Engineering Care Construction Creative Industries Food & Drink Manufacturing Transport & Logistics Professional & Financial Services Sports, Health & Well-being Tourism & Hospitality Textiles 2009 2010 2011 2012 2013 2014 16,900 11,600 16,800 8,500 6,600 32,400 24,000 22,400 20,100 2,000 16,700 13,200 14,000 7,000 7,900 34,600 23,200 23,800 18,500 3,200 18,300 13,600 15,300 6,200 7,900 36,200 21,700 23,400 20,700 1,600 18,100 14,800 13,200 5,900 7,000 37,100 22,700 20,400 19,100 2,000 20,600 12,600 11,500 7,800 6,700 36,300 26,000 22,600 21,800 2,600 20,100 14,300 14,400 7,700 7,200 34,000 28,600 23,900 21,100 1,400 Growth Growth Growth Growth 2009 2010 2011 2012 2013 2014 2011 - 14 2011 - 14 % 2013 - 14 2013 - 14 % 5.4 4.1 5.9 3.0 2.2 11.4 8.5 7.9 7.2 0.5 5.6 4.8 5.0 2.4 2.7 12.3 8.4 8.4 6.8 1.2 6.2 5.0 5.7 1.9 2.9 12.8 7.8 8.4 7.6 0.4 6.4 5.2 4.7 1.9 2.5 13.0 8.4 7.4 6.9 0.5 6.8 4.5 4.1 2.5 2.5 12.7 9.2 8.1 7.9 0.8 6.6 4.8 5.1 2.6 2.4 11.3 10.0 8.1 7.4 0.4 - 3,200 2,700 2,400 800 600 1,600 4,600 1,500 1,000 600 18.7 22.7 -14.0 -8.5 8.6 5.0 19.4 6.6 4.8 -28.9 - - - 500 1,700 2,900 100 500 2,300 2,600 1,300 700 1,200 -2.1 12.8 25.7 -0.6 6.4 -6.5 10.2 5.9 -3.2 -47.1 Observations In 2014, 11.3% were employed in transport and logistics. Between 2011 – 14 there were falls in the numbers employed in construction, the creative industries and textiles. Over the period 2013 – 14 the textiles sector saw a 47.1% (1,200) fall in employment. Note: Figures have been rounded to the nearest 100. Occupational Structure The information below is taken from the ONS Annual Population Survey and accessed through NOMIS. Data relates to the years 2011 to 2015 and 2013 to 2015. Information is provided for Leicestershire and England only. Occupational Structure Leicesterhire Variable Jan 2011 - Jan 2013 - Jan 2015 - Growth 2011 Dec 2011 Dec 2013 Dec 2015 to 2015 Managers, directors and senior officials Professional occupations Associate prof & tech occupations 30,200 59,400 45,200 35,000 61,000 48,300 36,100 69,600 49,300 Sum % Administrative and secretarial occupations Skilled trades occupations 134,800 42.6 38,200 44,700 144,300 46.2 31,200 34,700 155,000 46.7 38,700 34,700 Sum % Caring, leisure and other service occupations Sales and customer service occupations 82,900 26.2 20,800 20,000 65,900 21.1 25,400 27,200 73,400 22.1 24,500 22,300 Sum % Process, plant and machine operatives Elementary occupations 40,800 12.9 18,800 39,400 52,600 16.8 18,400 31,000 46,800 14.1 21,900 34,500 Sum % Total 58,200 18.4 316,700 49,400 15.8 312,200 56,400 17.0 331,600 5,900 10,200 4,100 20,200 4.2 500 -10,000 -9,500 -4.0 3,700 2,300 6,000 1.2 3,100 -4,900 -1,800 -1.4 14,900 England % Growth 19.5 17.2 9.1 15.0 1.3 -22.4 -11.5 17.8 11.5 14.7 16.5 -12.4 -3.1 4.7 Growth 2013 % Growth to 2015 1,100 8,600 1,000 10,700 0.5 7,500 0 7,500 1.0 -900 -4,900 -5,800 -2.7 3,500 3,500 7,000 1.2 19,400 3.1 14.1 2.1 7.4 24.0 0.0 11.4 -3.5 -18.0 -11.0 19.0 11.3 14.2 Jan 2011 Dec 2011 Jan 2013 Dec 2013 Jan 2015 - Growth 2011 to Growth 2013 to % Growth % Growth Dec 2015 2015 2015 2,498,900 4,788,300 3,418,200 2,595,600 4,959,900 3,553,700 2,748,300 5,190,400 3,726,800 10,705,400 11,109,200 11,665,500 43.8 44.5 44.8 2,717,300 2,737,700 2,785,800 2,614,000 2,595,000 2,736,100 5,331,300 21.8 2,204,100 1,955,500 5,332,700 21.4 2,256,500 1,958,900 5,521,900 21.2 2,389,300 1,982,500 4,159,600 17.0 1,571,700 2,695,200 4,215,400 16.9 1,584,700 2,709,000 4,371,800 16.8 1,646,000 2,811,500 4,266,900 4,293,700 4,457,500 17.4 17.2 17.1 24,463,200 24,951,000 26,016,700 249,400 402,100 308,600 960,100 1.1 68,500 122,100 190,600 -0.6 185,200 27,000 212,200 -0.2 74,300 116,300 190,600 -0.3 1,553,500 10.0 8.4 9.0 9.0 2.5 4.7 3.6 8.4 1.4 5.1 4.7 4.3 4.5 6.4 152,700 230,500 173,100 556,300 0.3 48,100 141,100 189,200 -0.1 132,800 23,600 156,400 -0.1 61,300 102,500 163,800 -0.1 1,065,700 5.9 4.6 4.9 5.0 1.8 5.4 3.5 5.9 1.2 3.7 3.9 3.8 3.8 4.3 Observations In the Leicestershire area 46.7% of occupations are as managers, directors and senior officials, professional and technical occupations. This is above the average of 44.8%. Growth in these occupations has been stronger in the Leicestershire area than nationally over the period. This occupational group has had stronger growth than the others identified. Earnings The information below provides an understanding of workplace and resident earnings. Data is gained from the Annual Survey of Hours and Earnings (ASHE) 2015 and demonstrates gross weekly 5 pay at national, local authority and district level. Data from ASHE is not available at a Local Enterprise Partnership area level. Workplace Earnings 2015 Area 2011 2012 2013 England Leicester Leicestershire Blaby Charnwood Harborough Hinckley & Bosworth Melton North West Leics Oadby & Wigston 504.0 464.4 469.9 498.4 479.6 455.8 470.9 431.9 479.1 390.7 512.6 477.8 466.8 463.9 479.6 459.1 494.8 421.9 481.2 405.9 520.3 481.3 473.6 445.4 492.1 485.4 498.0 429.8 480.2 416.9 Median Workplace Earnings (gross weekly pay) National Dif National Dif National Dif 2015 2011 2013 2015 523.5 532.4 0.0 0.0 0.0 474.0 475.4 -39.6 -39.0 -57.0 483.4 490.0 -34.1 -46.7 -42.4 487.1 502.6 -5.6 -74.9 -29.8 509.1 527.4 -24.4 -28.2 -5.0 502.9 499.7 -48.2 -34.9 -32.7 516.2 490.6 -33.1 -22.3 -41.8 401.4 461.6 -72.1 -90.5 -70.8 478.4 477.8 -24.9 -40.1 -54.6 414.5 425.9 -113.3 -103.4 -106.5 2014 Growth 2011 - 15 28.4 11.0 20.1 4.2 47.8 43.9 19.7 29.7 -1.3 35.2 Growth 2011 - 15, % 5.6 2.4 4.3 0.8 10.0 9.6 4.2 6.9 -0.3 9.0 Growth 2013 - 15 12.1 -5.9 16.4 57.2 35.3 14.3 -7.4 31.8 -2.4 9.0 Growth 2013 - 15, % 2.3 -1.2 3.5 12.8 7.2 2.9 -1.5 7.4 -0.5 2.2 Observations The England mean average workplace earnings in 2015 were £532.40. This is greater than Leicester (£475.40) and Leicestershire (£490). Over the period 2011 – 15 England saw growth in gross weekly average pay of £28.40. In Leicester the figures was £11 and Leicestershire £20.10. The areas with highest increases over 2011 – 15 were Charnwood (£47.80) and Harborough (£43.90). The only area that saw a decrease over the period was North West Leicestershire. Resident Earnings 2015 Area 2011 2012 2013 England Leicester Leicestershire Blaby Charnwood Harborough Hinckley & Bosworth Melton North West Leics Oadby & Wigston 504.7 402.5 495.7 506.4 479.4 557.2 520.8 459.0 484.9 487.6 513.2 402.6 493.8 520.6 480.8 561.0 498.9 436.1 470.5 477.8 520.6 412.5 508.2 525.4 518.0 553.6 477.8 427.1 491.5 479.5 Median Resident Earnings (gross weekly pay) National Dif National Dif National Dif 2014 2015 2011 2013 2015 523.6 532.6 0.7 0.3 0.2 412.7 421.8 -101.5 -107.8 -110.6 503.9 527.0 -8.3 -12.1 -5.4 533.0 568.7 2.4 5.1 36.3 513.1 518.9 -24.6 -2.3 -13.5 554.3 574.9 53.2 33.3 42.5 479.1 524.1 16.8 -42.5 -8.3 468.3 491.6 -45.0 -93.2 -40.8 488.8 500.0 -19.1 -28.8 -32.4 450.9 452.9 -16.4 -40.8 -79.5 Growth 2011 - 15 27.9 19.3 31.3 62.3 39.5 17.7 3.3 32.6 15.1 -34.7 Growth 2011 - 15, % 5.5 4.8 6.3 12.3 8.2 3.2 0.6 7.1 3.1 -7.1 Growth 2013 - 15 12.0 9.3 18.8 43.3 0.9 21.3 46.3 64.5 8.5 -26.6 Growth 2013 - 15, % 2.3 2.3 3.7 8.2 0.2 3.8 9.7 15.1 1.7 -5.5 English mean average resident earnings in 2015 were £532.60. This is greater than Leicester (£421.80) and Leicestershire (£527). The difference between Leicestershire and England in 2015 was £5.40 (lower). The only area that has seen a fall in resident based earnings was Oadby and Wigston (£487.60 to £452.90). Note: One interesting area to note is that Leicester resident based earnings are below its workplace ones. The opposite can be said of Leicestershire whose resident based earnings are higher than its workplace earnings. Enterprises The data in the table below is taken from the ONS UK Business Counts and covers the period 2011 – 15. The table also demonstrates growth in enterprises over the periods 2011 – 15 and 2013 – 15. 6 Area Leicester Leicestershire LLEP Area Blaby Charnwood Harborough Hinckley & Bosworth Melton North West Leics Oadby & Wigston England Private Sector Enterprises 2011 - 15 2011 2012 2013 2014 2015 Change 2011 - 15 Change 2013 - 15 Number % Share Number % Share Number % Share Number % Share Number % Share Change % Change Change % Change 8,020 25.4 8,430 25.8 8,595 26.1 9,280 26.8 10,335 27.5 2,315 28.9 1,740 20.2 23,510 74.6 24,280 74.2 24,285 73.9 25,290 73.2 27,250 72.5 3,740 15.9 2,965 12.2 31,530 100.0 32,710 100.0 32,880 100.0 34,570 100.0 37,585 100.0 6,055 19.2 4,705 14.3 3,320 14.1 3,535 14.6 3,330 13.7 3,620 14.3 3,920 14.4 600 18.1 590 17.7 5,000 21.3 5,140 21.2 5,235 21.6 5,445 21.5 5,905 21.7 905 18.1 670 12.8 4,305 18.3 4,420 18.2 4,455 18.3 4,620 18.3 4,950 18.2 645 15.0 495 11.1 3,810 16.2 3,875 16.0 3,865 15.9 3,990 15.8 4,305 15.8 495 13.0 440 11.4 2,150 9.1 2,175 9.0 2,225 9.2 2,245 8.9 2,420 8.9 270 12.6 195 8.8 3,460 14.7 3,585 14.8 3,610 14.9 3,735 14.8 3,965 14.6 505 14.6 355 9.8 1,470 6.3 1,550 6.4 1,560 6.4 1,635 6.5 1,785 6.6 315 21.4 225 14.4 1,775,515 7552.2 1,835,190 7558.4 1,853,185 7631.0 1,940,020 7671.1 2,105,210 7725.5 329,695 18.6 252,025 13.6 Observations In 2015 there were 37,585 private sector enterprises in the LLEP area. Of these 72.5% (27,250) were in the County and the rest (27.5% or 10,335) were in the City. Over the period 2011 – 15. The number of enterprises in the Leicestershire area grew by 3,740 (or 15.9%). Key Sector Enterprises Using the same dataset an understanding of key and other sector enterprises can be sought. The table below provides an understanding of how many key sector enterprises there are in the Leicestershire area, the sectors share of all enterprises and growth over the period 2011 – 15 and 2013 - 15. Leicestershire Key Sector Enterpriese Number of Enterprises % of all Enterprises Sector Advanced Manufacturing & Engineering Care Construction Creative Industries Food & Drink Manufacturing Transport & Logistics Professional & Financial Services Sports, Health & Well-being Tourism & Hospitality Textiles 2011 1,195 390 3,130 1,495 55 2,505 4,810 2,375 1,290 200 2012 1,245 410 3,210 1,590 50 2,495 5,175 2,555 1,335 195 2013 1,325 440 3,075 1,685 55 2,475 5,125 2,580 1,355 200 2014 1,375 480 3,135 1,785 75 2,540 5,625 2,695 1,365 195 2015 1,470 510 3,325 1,905 85 2,660 6,210 3,005 1,535 185 2011 5.1 1.7 13.3 6.4 0.2 10.7 20.5 10.1 5.5 0.9 2012 5.1 1.7 13.2 6.5 0.2 10.3 21.3 10.5 5.5 0.8 2013 5.5 1.8 12.7 6.9 0.2 10.2 21.1 10.6 5.6 0.8 2014 5.4 1.9 12.4 7.1 0.3 10.0 22.2 10.7 5.4 0.8 Growth Growth Growth Growth Growth 2015 2011 - 15 2011 - 15 % 2013 - 15 2013 - 15 % 5.4 275 23.0 95 6.9 1.9 120 30.8 30 6.3 12.2 195 6.2 190 6.1 7.0 410 27.4 120 6.7 0.3 30 54.5 10 13.3 9.8 155 6.2 120 4.7 22.8 1,400 29.1 585 10.4 11.0 630 26.5 310 11.5 5.6 245 19.0 170 12.5 0.7 15 -7.5 10 -5.1 Observations All the industries identified have experienced positive growth in their number of enterprises (except textiles). The industry area with the largest growth over the period 2011 to 2015 was food and drink manufacturing (54.5%) The industry with the least amount of growth in the number of enterprises over the same period was textiles (-7.5%). In 2015 the industry with the greatest number of enterprises was the professional and financial services sector (6,210 enterprises). Enterprise Births 7 The tables below use data taken from ONS Business Demography. Data covers the period 2009 to 2014. The table also demonstrates growth over the periods 2011 – 14 and 2013 – 14. Enterprise Births ENGLAND LLEP Area Leicester Leicestershire Blaby Charnwood Harborough Hinckley & Bosworth Melton North West Leics Oadby & Wigston 2009 2010 2011 2012 2013 209,035 3,365 1,060 2,305 345 545 390 365 160 340 160 207,520 3,340 1,040 2,300 340 500 405 365 175 335 180 232,460 3,920 1,240 2,680 440 550 460 410 215 385 220 239,975 3,965 1,260 2,705 370 590 440 425 230 420 230 308,770 5,100 1,880 3,220 525 685 530 515 235 480 250 Growth Growth Growth Growth 2011 - 2014 2013 - 2014 2011 - 2014 2013 - 2014 1.4 34.7 4,430 80,740 313,200 -1.1 28.7 -55 1,125 5,045 -7.2 40.7 -135 505 1,745 2.5 23.1 80 620 3,300 3.8 23.9 20 105 545 9.5 36.4 65 200 750 11.3 28.3 60 130 590 -3.9 20.7 -20 85 495 2.1 11.6 5 25 240 -8.3 14.3 -40 55 440 -4.0 9.1 -10 20 240 2014 Source: Business Demography 2014, TABLE 1.1 - COUNT OF BIRTHS OF NEW ENTERPRISES for 2009 to 2014 Observations In 2014 there were 5,045 enterprise births in the LLEP Area (3,300 were in the County and 1,745 in the City). Over the period 2011 – 14 enterprise births in the LLEP area grew by 1,125 or 28.7%. In England there was growth of 34.7%. In Leicester there was growth of 40.7% and in the County 23.1%. Business Survival Rates (3 Year) The table below provides data relating to 3 year business survival rates for the years 2012 to 14. Survival rates are for those businesses started in 2009, 10 and 11. England LLEP Area Leicester Leicestershire Blaby Charnwood Harborough Hinckley & Bosworth Melton North West Leics Oadby & Wigston Births 2009 Births 2010 Births 2011 209,035 3,365 1,060 2,305 345 545 390 365 160 340 160 207,520 3,340 1,040 2,300 340 500 405 365 175 335 180 232,460 3,920 1,240 2,680 440 550 460 410 215 385 220 3-year survival (2012) 124,765 1,980 575 1,405 200 335 240 235 115 195 85 3-year survival (2013) 118,560 1,860 535 1,325 200 285 235 210 105 200 90 3-year survival (2014) 140,350 2,425 735 1,690 270 340 285 275 135 245 140 3-year survival % (2012) 59.7 58.8 54.2 61.0 58.0 61.5 61.5 64.4 71.9 57.4 53.1 3-year survival % (2013) 57.1 55.7 51.4 57.6 58.8 57.0 58.0 57.5 60.0 59.7 50.0 3-year survival % (2014) 60.4 61.9 59.3 63.1 61.4 61.8 62.0 67.1 62.8 63.6 63.6 Source: Business Demography 2014, TABLE 5.1a - SURVIVAL OF NEWLY BORN ENTERPRISES Observations Over the period 2012 to 14, 3 year business survival rates grew in all but one of the geographical areas identified (Melton). However over the period 2013 to 2014 there has been growth in all of the areas identified. Over the same period (2012 to 14) the areas with highest growth were North West Leicestershire (6.2 percentage points, 57.4% to 63.6%) and Oadby and Wigston (10.5 percentage points, 53.1% to 63.6%). In 2014 Hinckley and Bosworth had the highest 3 year business survival rate (67.1%). In 2012 Melton had the highest 3 year business survival rate (71.9%). However over the period 2012 to 14 this fell by 9.1 percentage points to 62.8%. 8 At a county and district level 3 year business survival rates are greater than the England average (60.4%). At a city level, Leicester’s 3 year business survival rate (59.3%) in 2014 was below the national figure. 9
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