AQW 38216/11-15


Ms Claire Sugden
Independent
East Londonderry


Tabled Date: 04/11/2014
Answered On Date: 24/11/2014
Priority Written: No


Question:
To ask the Minister of Finance and Personnel to detail the ratio of success to failure of new business start-ups in East Londonderry, in the last three years.


Answer:
This data is not currently available from the Office for National Statistics for parliamentary constituency area (PCA). However, the requested information is provided overleaf for those local government districts (LGD), which fall at least in part within the East Londonderry PCA, for the most recent three years available.
Table: Number of business births and survival1 rates (2009-2011)
Coleraine LGD
2009
2010
2011
New business births2
100
150
90
 
One year survival
80.0%
88.3%
88.9%
Two year survival
65.0%
66.7%
..
Three year survival
55.0%
..
..
 
 
 
 
Limavady LGD
New business births2
70
100
75
 
One year survival
85.7%
90.0%
93.3%
Two year survival
64.3%
80.0%
..
Three year survival
57.1%
..
..
 
 
 
 
Derry LGD
New business births2
215
235
175
 
One year survival
86.0%
83.0%
88.6%
Two year survival
69.8%
70.2%
..
Three year survival
53.5%
..
..
 
 
 
 
Source: Office for National Statistics (ONS), Business Demography 2012
1 A business is deemed to have survived if having been a birth in year t or having survived to year t; it is active in terms of employment and/or turnover in any part of t+1
2 A birth is identified as a business that was present in year t, but did not exist in year t-1 or t-2.