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Farming succession in East Midlands
54.8% of 1,985 trading farming companies in East Midlands have a director aged 60 or over, against 51.4% for the sector across the UK.
1,985trading companies measured
54.8%have a director aged 60 or over
28.3%have a director aged 70 or over
49.0%are owner-run (one person or family holds 50%+)
37.9%have a single director
Other sectors in East Midlands
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Professional services | 21,094 | 34.5% | 9.6% | 62.6% | 60.9% | 9 |
| Property | 20,920 | 32.3% | 12.8% | 42.5% | 44.6% | 7 |
| Construction | 19,806 | 27.5% | 7.6% | 58.6% | 60.3% | 8 |
| Wholesale | 9,723 | 31.8% | 11.0% | 60.4% | 59.9% | 9 |
| Health and care | 9,230 | 23.1% | 5.5% | 59.5% | 58.8% | 7 |
| Retail | 7,852 | 26.5% | 8.4% | 60.2% | 62.7% | 7 |
| Software and IT | 7,841 | 25.1% | 6.4% | 62.1% | 62.2% | 10 |
| Hotels and food service | 7,062 | 24.8% | 7.8% | 58.4% | 63.1% | 5 |
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