Barclays & BGF Entrepreneurs Index 5
The Entrepreneurs Index measures three aspects of the entrepreneurial lifecycle: start-ups, growth and exits, creating a barometer to measure the health of entrepreneurialism in the UK.
Text version of this infographic
In the six months to June 2014, there was a 3.9% rise in the number of active companies, up to 3,027,622. Almost 350,000 businesses have been started so far in 2014.
7.1% of 18-64 year-olds in the UK are in the process of starting or already running new businesses.
Proportion of high-growth companies is plateauing
However, this positive news is somewhat tempered by the latest data on high growth companies. Following an increase in the percentage of high-growth companies within revenue bands of £2.5m to £100m during 2012, there has been a levelling effect during 2013, with a 0.3 percentage point fall.
In December 2011 the proportion of high-growth companies was 17.4%. In December 2012 it rose to 22.5% and in December 2013 it had fallen to 22.2%.
Construction still on a high
Despite this over-arching trend, following significant investment in infrastructure and house building the construction industry once again had the largest proportional increase of high-growth companies, with a rise of 41% in the three years to December 2013.
‘New economy’ sectors fare well
There has been a significant rise in the number of beneficiaries from deals in new economy sectors. There was an 84% jump in the number of people benefiting from deals in the IT and computer services industry and a 76% increase for the medical, pharmaceuticals and biotechnology sectors in the 12 months up to June 2014.
Mixed regional picture
If you want to put our infographic on your own website, here's the code to copy and paste into your page:
<a href="https://wealth.barclays.com/en_gb/home/wealth-management/who-we-help/entrepreneurs/entrepreneurs-index-5-infographic.html"><img src="https://wealth.barclays.com/content/dam/bwpublic/global/images/aspect-ratio-1-0/wealth_management/ei-infographic-v.jpg" alt="Entrepreneurs Index Infographic" width="" border="0"/></a><br />Source: <a href="https://wealth.barclays.com/en_gb/home/wealth-management.html">Barclays Private Banking</a>