LLEP publishes latest Sport and Physical Activity Sector Profile data for Leicester and Leicestershire

Data for the LLEP's latest sector profiles has been gathered and published for fifteen key sectors of interest. These reflect Leicestershire's diversity as well as Government priorities such as science and technology, innovation, and the green agenda.

The Leicester and Leicestershire economy is diverse, with representation across a variety of sectors. Traditional strengths such as manufacturing and logistics exist alongside high-growth areas like space and low carbon.

The sectors were chosen based on their relative size and importance to the economy of Leicester and Leicestershire. The intelligence gathered has been used to develop the LLEP's longer term Economic Growth Strategy and will inform future investment opportunities.

The outlook for all sectors has shifted since the start of the Covid-19 pandemic. The research aimed to better understand the impact of both Covid-19 and EU Exit across key sectors in the county and what the future could look like in the short, medium and longer term.

These new sector profiles also look at economic and growth indicators and future skills challenges.

To view all the new sector profiles please go to the LLEP website at llep.org.uk/our-economy/sector-profiles/

Headlines from the Sport and Physical Activity Sector profile.

The sector produces:

• £600m of GVA and accounts for 16,900 jobs
• Productivity of £33,600 per job.. improving faster than the UK average
• Has the potential to deliver £100m of growth by 2030

• The sector will be amongst the most impacted by the Covid-19 pandemic
• GVA is expected to contract by approximately 10% (-£60m) in 2020 – the second steepest fall in Leicester and Leicestershire (behind only the tourism and hospitality sector).
• Once a recovery is underway though, the sector is expected to rebound, with a potential £100m of growth by 2030, offsetting the losses of 2020.

Check out the full sector profile below.

(Source: LLEP)