New research from the Office for National Statistics’ UK Business Counts dataset shows that Leicester and Leicestershire have performed strongly against other English local authority and regional areas in terms of the number of enterprises and businesses located in the area between 2011 and 2021.
The highlights include:
Leicester had a 98 per cent growth rate in the number of enterprises in the city, ranked 5th overall and the highest outside of London in comparison with all 152 single/upper tier authority areas
- Leicestershire’s growth rate in the number of enterprises is ranked 5th against the 31 other comparable counties
- The Leicester and Leicestershire Enterprise Partnership (LLEP) achieved a growth rate of 46 per cent and is the fourth highest of 38 Local Enterprise Partnership areas
The wider East Midlands region saw a percentage growth of 34 per cent in the number of enterprises – the third biggest growth out of nine regions around the country.
Mike Denby, director of inward investment and place marketing at Leicester City Council, said: “We are pleased to see the impressive performance of the city and county in terms of the number of businesses making the area their home, and staying and growing here.
“The destination offers a high quality and cost competitive investment location and growth results like these reaffirm the message that Leicester and Leicestershire is a place where world leading businesses will thrive in the long-term.”
