The Sector Focus article in the June issue of Business Cornwall magazine takes a look at the Cornish economy quoting from the South West Observatory’s recently published State of the South West 2008 report.
A familiar challenge the report highlights is the high level of self employment in Cornwall (17.1%), which it says may be driven partly by a lack of large scale employment opportunities outside of the tourism sector, which is largely made up of small businesses. Sub-regionally, Plymouth had the lowest levels of self-employment (9.1%).
And according to the report, the south west has the highest level of start-up survival rates than any of the regions in the UK.
Read the full article in the June issue of Business Cornwall magazine.