The top ten micro sectors by SME growth include: office admin and business support human health services, and motion picture, video, TV, sound recording and music publishing.

 

The number of SMEs has grown in total by 23 per cent from 2011 to 2016, with office administration and business support being the top growth sectors at 76 per cent.

 

Other top growth sectors in the past five years included human health services and motion picture, video, sound recording and music publishing – both of these industries have experienced a 50 per cent rise.

 

This is according to a study from Hampshire Trust Bank, conducted in partnership with the Centre for Economics and Business Research.

 

Other industries which have performed well include the transportation and distribution sector, which has grown 41 per cent in the past five years, and domestic building constructors, which have grown by 38 per cent in the past five years.

 

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