Rental, leasing and PR firms 'among most thriving businesses'

Rental, leasing and PR firms 'among most thriving businesses'

Businesses involved in rental and leasing, environmental consulting, public relations and financial management are among the most thriving businesses in the UK, according to new research.

Research by O2 and the Centre for Economic and Business Research showed that the so-called sharing and rental economy was the hottest business sector, driven by start-ups similar to popular US-based car-sharing and property-rental firms.

Call centres, book publishing and beer production were also in the top-10 growth industries.

In contrast, video production, postal services and parts of manufacturing were among those in decline, said the report.

Ben Dowd, director of O2 Business, said: "It's encouraging to see the variety of growth industries in the UK, suggesting renewed economic confidence and a vibrant start-up scene.

"However, as the report shows, increased innovation and competition can result in some sectors struggling to cope with the pace of change."