///Regional Intelligence Snapshot for the South East

Regional Intelligence Snapshot for the South East

Summary of economic conditions

In the South East 7,161 new businesses started up in February 2011, 282 more than the previous month, and 15% more than in February 2010, according to BankSearch.

Business services & finance
The ONS GDP Quarterly National Accounts report that services output decreased by 0.6% in Q4 2010, compared with an increase of 0.6% in Q3 2010.

Uncertainty in the sector is reflected in the number of new business start-ups. According to the latest figures from Banksearch, of new start-ups in the South East 0.2% were in the Activities Auxiliary to Financial Intermediation sector; 0.1% in Insurance Companies and Pension Funds; and 0.3% in Financial Intermediation. In comparison, 31% of all companies in the South East are in the Financial and Business Services sector.

Read the whole article here.
Article by South East England Development Agency.
Data partially sourced from the BankSearch Business Start Up Interactive Database.

2013-07-26T15:46:31+00:00 26th July 2013| In The Press|