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A Brief Look at the County of Somerset and its businesses.

Overall Somerset has a stable and successful economy, with many economic indicators performing better than the regional and national averages. Over the last decade Somerset has maintained a steady level of economic growth, low unemployment and continuous job growth.

Business dynamism has been good in Somerset in recent years. VAT registrations increased in number in most of the Somerset districts with the stock of VAT registered businesses seeing an overall increase. Cambridge Econometrics latest forecasts predict that employment will increase by 0.3% p.a. in the next 10 years, with GVA predicted to increase by 2.2% p.a. over the same period. International exports are relatively low compared with the rest of the UK, but growing.

84% of businesses in Somerset employ fewer than 10 people. This is the same for the South West as a whole but higher than the national figure of 83%.

The county boasts quite a large cultural and heritage sector, which in turn promotes tourism on a national and international level. There are 11,500 buildings listed as special architectural or historic interest; 523 scheduled ancient monuments; 192 conservation areas; 41 parks and gardens; 36 English Heritage sites, and 19 National Trust sites. The total spend of staying and day visitors in Somerset is estimated to have been approximately £900 million.

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Connecting Somerset provides a range of business services.
Our objective is to help businesses move up the e-adoption ladder, so whether you're just starting a business or have an existing one Connecting Somerset provides a range of services, projects, and initiatives to assist all in matters of the web and IT.

business people Our primary service was business advice and this was offered as a free service. Our core areas of advice is broadband, Internet, websites, ecommerce, IT, and e-business. But as we work in close partnership with Business Link Somerset you are encouraged to contact Business Link by calling 0845 6009966. Discover more about our business services...

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Somerset’s Learning and Skills Council figures point to nearly 200,000 people working in around 17,000 Somerset Businesses.

Around 17% of Somerset’s workforce is employed in manufacturing and tourism plays a major role as a whole, especially in West Somerset and parts of Sedgemoor.

mechanical engineer In recent years the health and social care sector has seen important employment growth and land-based industries, such as farming, still has a relatively large workforce compared to other UK standards. The engineering sector contains a significant number of high-technology businesses and many of these specialise in aerospace and defence engineering.

Somerset has relatively few major employers. 90% of Somerset businesses employ less than 25 people and around 15% of Somerset workers are self-employed. Unemployment is usually below the national and South West regional averages.

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read more about South Somerset
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read more about West Somerset


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