

The Office for National Statistics (ONS) produces annual data on Business Demography. This source shows the number of business start-ups (‘births’) and business closures (‘deaths’) each year and gives an indication of the health and dynamism of the local economy. It also provides information on survival rates of business start-ups.
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In mid-2024 the population of Somerset was estimated to be 588,328, a rise of 5,366 from 2023 and 15,228 more than at the 2021 Census. (ONS Mid-Year Estimates 2024).