Increase the proportion of new businesses, over £68,000 turnover, surviving beyond two years (two year time lag, ONS data)

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What does this mean?

This measure looks at the survival rates for businesses in CWaC.  The result is drawn from the Office for National Statistics Business Demography data.

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Why is this important?

Strong businesses are a vital part of sustaining a strong economy, providing valuable jobs and a good quality of life. Creating the right conditions to support the success and growth of local businesses is an important role for the Council.