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Farming succession in Yorkshire

56.6% of 2,470 trading farming companies in Yorkshire have a director aged 60 or over, against 51.4% for the sector across the UK.

2,470trading companies measured
56.6%have a director aged 60 or over
26.7%have a director aged 70 or over
46.5%are owner-run (one person or family holds 50%+)
38.3%have a single director

Other sectors in Yorkshire

SectorCompaniesDirector 60+Director 70+Owner-runSingle directorMedian age (yrs)
Professional services26,90832.7%9.1%62.0%61.4%9
Property25,61033.1%13.5%44.0%46.4%7
Construction25,25527.6%7.6%58.0%60.0%8
Wholesale12,37731.5%10.7%59.0%59.2%9
Health and care11,74322.8%6.1%57.3%58.3%7
Retail11,40024.8%7.6%62.3%63.8%7
Hotels and food service11,07525.6%8.1%59.1%62.3%5
Software and IT9,52223.3%5.8%63.0%62.5%9

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