99% of businesses in East Devon are small businesses

So why is our Local Enterprise Partnership made up of a handful of big business people, property developers and speculators? How do they represent East Devon

“4.4 We know that 99% of East Devon businesses are either micro or small enterprises. This is comparable with Exeter at 97%. This places our area in the top 30% of districts nationally for the number of micro businesses. The average business size is 6.4 employees which is below the Devon and Cornwall average of 8.1 and the national average of 9.9 employees.

4.5 In terms of the age 65+ population, there has been a significant rise of those who are economically active in the past decade. In 2005 just 5% of the 65+ population were economically active. In 2016 this has increased to 16.8%. This suggests that people are either choosing to postpone their retirement, continuing to work out of necessity or are re-entering the workplace post retirement.”

page 38