Based on the expert analysis and our database of 440+ UK industries, 麻豆区 presents a list of the Industries with Least Risky Business Environments in the UK in 2024
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View a list of the Top 25 industries with least risky business environmentsBusiness Environment Risk for 2024: 1.95
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Business Environment Risk for 2024: 2.82
Increased awareness about the effects of climate change has driven an aggressive decarbonising strategy, spearheaded by renewables. Government targets and incentives spur major investment in renewable assets among UK energy giants, while technology developments boost potential generating capacity, particularly in offshore wind, which has grown the fastest of all renewable energy sources. Government data shows that the share of electricity generated from renewables surged from 29.2% in 2017 to 39.6% in 2021.
Renewable generators' revenue has increased at a compound annual rate of 6.9% over the five years through 2022-23, reaching £8.5 billion. Growth has been underpinned by the unrelenting expansion... Learn More
Business Environment Risk for 2024: 2.90
The Waste-to-Energy Plant Operation industry is growing. The industry focuses on the disposal and recovery of municipal waste and energy generation. This energy comes in the form of electricity exported to the national grid and consumers along private wires. The industry also exports its heat, usually in the form of steam that can be used in industrial processes or to heat homes. It also collects and sells recyclates from the waste, which is often metals recovered from sorting and bottom ash processing. Revenue is expected to expand at a compound annual rate of 4.6% to reach £1.5 billion over the... Learn More
Business Environment Risk for 2024: 3.35
From undertaking businesses online to transferring financial information via online data packets, the Internet of Things has changed how society operates. However, the digital age has also allowed for cyber-attacks and the use malware to gain unauthorised access to computer networks for financial gain or personal data, threatening businesses and public resources. According to specialised global insurer Hiscox, small UK businesses are the target of an estimated 65,000 cyber-attacks every day.
High-profile cyber breaches have accelerated investment in intrusion prevention systems and given rise to innovation-led cyber start-ups that are pioneering a new era of security software. Over the five years... Learn More
Business Environment Risk for 2024: 3.41
Over the five years through 2022-23, revenue is expected to increase at a compound annual rate of 9.5% to £19.8 billion. The Biotechnology industry is fast becoming a prominent part of the UK life science sector, alongside pharmaceutical and medical technology companies. The convergence of these three technologies makes it increasingly difficult to identify the boundaries between them. High demand for biotechnology products that help solve medical, agricultural and industrial issues has boosted revenue. Biotechnology can make agriculture more efficient and sustainable, broadening its appeal and economic value. The industry relies heavily on funding from investors and significant government assistance.
Following... Learn More
Business Environment Risk for 2024: 3.59
Wind power is a rapidly growing force in UK electricity generation, with the number and size of UK wind farms increasing in recent years. As the UK strives for net-zero emissions, abundant natural resources make wind energy the highest yielding option. Government support for renewables has boosted investment in wind-generating assets, with most of the capacity expansion coming from offshore wind. According to government data, the share of electricity generated from wind power increased from 17.1% in 2018 to 24.7% in 2022.
Revenue is forecast to increase at a compound annual rate of 9.6% to £4.9 billion over the five years... Learn More
Business Environment Risk for 2024: 3.78
Actuarial consulting firms provide various services to businesses, including pension, insurance, enterprise risk, financial advice and organisational design consulting. Actuarial consulting services are sought after by businesses across all sectors of the economy, providing firms with a steady demand and limiting revenue volatility. Revenue in the Actuarial Consulting Services is expected to swell at a compound annual rate of 4.1% over the five years through 2023-24, including a 3.3% rise in 2023-24 to reach £4.5 billion.
Continued pension enrolment through the Automatic Enrolment Scheme and other regulatory pension reforms have benefited demand for actuarial services. However, this has been somewhat dampened... Learn More
Business Environment Risk for 2024: 3.80
The industry is an outsourced claim adjusting and processing service for insurers. It provides services to policyholders through independent third-party validation or the contesting of evaluations made by assessors employed by the insurers underwriting the policy. Demand for risk and damage evaluation closely follows trends in the level of outsourcing insurers choose to undertake, insurance coverage and the frequency of insured risks. These have all performed strongly in recent years in line with the general insurance industry. So, revenue is projected to swell at a compound annual rate of 2.9% over the five years through 2022-23 to £2.1 billion.
Although insurers... Learn More
Business Environment Risk for 2024: 3.81
The rapid growth of the Peer-to-Peer Lending Platforms industry has slowed as the industry is maturing and the initial wave of firms entering the industry has begun to stabilise. Revenue is expected to expand at a compound annual rate of 7.1% to £397.7 million over the five years through 2023-24. Wider economic conditions, interest rates and regulation are all affecting industry performance. Revenue volatility is high because of the peer-to-peer (P2P) lending platforms' infancy and volatile economic conditions recently.
Funding Circle dominates the industry, though it exited the retail market in March 2022. Zopa, a previously leading firm, exited the market... Learn More
Business Environment Risk for 2024: 3.84
Revenue is forecast to climb at a compound annual rate of 2.2% over the five years through 2023-24 to £135.7 million. The primary driver of revenue growth is agricultural income, business capital expenditure and the depreciation of the pound. Despite the onset of economic uncertainty following the Brexit vote, the pound's depreciation increased the relative value of payments from the Common Agricultural Policy as it is paid to UK farmers in euros. This contributed to rising agricultural income, helping farmers afford pricey precision agricultural systems and services.
Significant inflationary pressures since the pandemic have actually aided farmers, as rising output prices... Learn More
Based on the expert analysis and our database of 440+ UK industries, 麻豆区 presents a list of the Most Profitable Industries in the UK in 2024
VIEW ARTICLEBased on the expert analysis and our database of 440+ UK industries, 麻豆区 presents a list of the Fastest Growing Industries in the UK by Revenue Growth (%) in 2024
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