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Over the past five years business births have increased year on year and there are now 11% more firms in the economy than 2013. Nationally however the number of businesses has increased by 23% in that same period. The 3 year survival rate has remained fairly constant with 64% of business start-ups in 2013 still in business in 2016, above the national rate of 60%.

Number of Businesses
3 Year Business Survival Rate
Business Growth 2013-2018

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