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Small Business Outlook 2015
By
Centre for Cities
| 19 October 2015
Small Business Outlook 2015
By
Centre for Cities
| 19 October 2015
Select Chapter
Executive Summary
The economic and policy context
Figure Introduction
Figure The shift towards ‘new work’
Figure Figure 1: Output by broad sector (£m)
Figure SMEs and economic growth
Figure The shifting profile of SMEs
Figure Figure 2: Change in SMEs by sector (UK), 2008-2014
Figure Policy and the economic importance of ‘new work’ sectors
Figure Box 1: Defining ‘new work’ SMEs
Figure The significance of place
Figure Box 2: The use of Primary Urban Areas
Figure Box 3: Self-employment
Cities, small businesses and ‘new work’
Figure Where are ‘new work’ SMEs most likely to locate?
Figure Figure 3: Proportion of ‘new work’ SMEs, 2014
Figure Box 4: Why do ‘new work’ SMEs benefit from clustering together?
Figure Case study 1: The Cambridge Cluster
Figure How does the performance of ‘new work’ SMEs vary between cities?
Figure Do ‘new work’ SMEs have an impact on the wider city economy?
Figure Figure 5: Change in the ‘new work’ SMEs and ‘other services’15 SMEs by city, 2008-2014
Figure Figure 6: Relationship between performance of SMEs in different sectors
Figure Table 1: Relative economic performance of cities with high concentrations of ‘new work’ SMEs
Figure Why are some cities more attractive to ‘new work’ SMEs than others?
Figure Table 2: Characteristics of cities with high concentrations of SMEs in ‘new work’ industries
Figure Case study 2: Bristol – creative and digital
Figure Case study 3: Reinventing Leeds
Figure Policy implications
Figure Case study 4: Glasgow Diversification
Data Monitor: Small Business Performance
Figure Overview
Figure SME Density
Figure Figure 7: SME Density, 2014
Figure Business starts
Figure Figure 8: Business starts per 10,000 population, 2013
Figure SME Expansion
Figure Figure 9: Average number of jobs created, 2011-2014
Figure Figure 10: Expanding SMEs by location and sector, 2011-2014
Figure Figure 11: Net SME jobs created in cities by industry, 2011-2014
Figure High-growth SMEs
Figure Figure 12: Proportion of high growth SMEs, 2011-14
Figure SME Contraction
Figure Figure 13: Average job losses per contracting SME, 2011-14
Figure Figure 14: SME growth in cities by size, 2011-2014
Figure Closures
Figure ‘New Work’ Industries
Appendix: A note on sources and methodology
05
4: Concentration and change in number of ‘new work’ SMEs (relative to national average), 2014 and 2008-14
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