As plans are being formed for the next round of business support programmes, PFA Research has conducted further analysis on the business make up across Cornwall & Scilly, to enable investment to be focussed where it can make most impact.
PFA Research has analysed data from the Office for National Statistics, offering deeper insights across Parliamentary Constituency Areas into overall numbers of businesses, their relative employment numbers, turnover and what particular industry sector support is needed in each locality.
The headline findings are shown below and PFA Research, in collaboration with data visualisation expert Moor Consulting, has also put together an interactive map showing the full data for each area with regional and national comparisons.
- North Cornwall has the highest volume of businesses, 19% more than Truro & Falmouth
- South East Cornwall has the highest proportion of businesses with under 10 employees (91%), and Camborne & Redruth the lowest (85%)!
- South East Cornwall and North Cornwall have more businesses with turnover less than £100k than the other areas (46-7% compared to 42-3%)
- Truro & Falmouth is the only area that comes close to the national picture where professional, scientific & technical businesses are in the largest volume.