Research by Utility Bidder has analysed the latest ONS UK business activity data to reveal the most common industries around the country.
The UK’s Top 10 Most Common Industries
| Rank | Industry | Number of Companies | %of Companies | Percentage change from 2019 |
| 1 | Professional, scientific & technical | 467,595 | 17.01% | -0.87% |
| 2 | Construction | 351,250 | 12.77% | 2.19% |
| 3 | Business administration & support services | 235,755 | 8.57% | 3.06% |
| 4 | Information & communication | 225,745 | 8.21% | -0.21% |
| 5 | Retail | 208,795 | 7.59% | 0.02% |
| 6 | Arts, entertainment, recreation & other services | 175,720 | 6.39% | 0.98% |
| 7 | Accommodation & food services | 161,695 | 5.88% | 2.97% |
| 8 | Production | 152,675 | 5.55% | 0.43% |
| 9 | Agriculture, forestry & fishing | 148,845 | 5.41% | -0.46% |
| 10 | Transport & Storage (inc postal) | 123,075 | 4.48% | 10.52% |
The experts at Utility Bidder have commented on the research saying:
“It is unsurprising to see that the ‘professional, scientific and technical’ industry is the UK’s most common industry, as this has been the case for over the last 10 years through which the industry has seen stable growth.
“For the 6.39% of UK’s businesses who make up the ‘arts, entertainment, recreation & other services’ industry and the 5.88% of those who account for the ‘accommodation and food’ industry, it will be a tough year due to the coronavirus pandemic, which will impact heavily upon the number of these businesses operating in the economy in the future. Despite the 3.95% growth across these industries from 2019 to 2020, we will likely see a significant decrease in the number of businesses in these industries over the next year if the necessary investment is not provided.
“The ‘Transport & Storage’ industry has seen huge growth in the last year. This is likely to be due to the increase in popularity of online shopping and the globalisation of retail industries and it is likely that the industry will continue to grow over the next year, with the coronavirus pandemic encouraging more people to shop online.”
You can view the full research here: https://www.utilitybidder.co.uk/compare-business-energy/the-uks-most-common-industries/
For more information visit: www.utilitybidder.co.uk
For more Trending news follow i-invest Online.
- Harness a new world of opportunity powered by Tech for Good
Those who embrace innovation today will shape the markets of tomorrow, building a future where efficiency, transparency, and purpose go hand in hand, says thought-leader Marga Hoek A new era of innovation is redefining sustainability, offering an unprecedented opportunity to tackle climate change, biodiversity loss, inequality, poverty, and global health challenges. As detailed in my… Read more: Harness a new world of opportunity powered by Tech for Good - Understand your stress cycle and make it your strategic ally
By understanding the biological, psychological, emotional and behavioural mechanics of your stress cycle, you can not only convert pressure into performance, but burnout to breakthrough, says wellness coach and author Josephine McGrail Stress happens to everyone. It is not a matter of if, but when and how. Embracing this fact will change everything – your… Read more: Understand your stress cycle and make it your strategic ally - Economics needs a radical reset to become truly sustainable
Sustainability must no longer be seen as a brake on the economy, but as the foundation for a new form of economic progress, a recent paper argues Sustainability must form the core of economic theory and policy, rather than being an afterthought in order to have any chance of making a positive impact, according to… Read more: Economics needs a radical reset to become truly sustainable - Why Apple’s new TLS policy is a wake-up call for IoT security
Apple’s announcement should focus minds on the critical importance of future-facing and agile automated device security, says Darron Antill, CEO at Device Authority The decision by Apple to slash the lifespan of public transport layer security (TLS) certificates from 398 days to just 47 is destined to have a significant impact on digital identity management… Read more: Why Apple’s new TLS policy is a wake-up call for IoT security - How carbon-negative supply chains can lead the green revolution
The fight against climate change demands more than just reducing emissions, it requires reversing them – Martin C. Schleper of NEOMA Business School believes carbon-negative supply chains could be the answer As climate change accelerates, the urgency to find innovative solutions has never been greater. While businesses have traditionally focused on adaptation and mitigation strategies… Read more: How carbon-negative supply chains can lead the green revolution