

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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25% of the Somerset population are aged 65 and over, 2% higher than regionally and 6% higher than nationally. (ONS Mid-Year Estimates 2024).