Venture capital group Oxford Capital has studied data in an effort to identify the largest growing sectors in Yorkshire and the Humber.

Oxford Capital looked at ONS wage data by occupation and region across five years (2019-2023) for its study.

Giving context to its study, Oxford Capital suggested that reports that the Autumn Budget will only "temporarily boost" the economy mean that "the government's promise to reboot growth has been thrown into question."

The Other Managers and Proprietors sector was identified as having the most real growth since 2019, with a total real growth of 17.4 per cent (£5,738).

The Caring Personal Service Occupations sector followed with a total real growth of 16.55 per cent (£2,639).

In third was the Caring, Leisure, and Other Service Occupations sector, with a total real growth of 16.3 per cent (£2,608).

The Textiles, Printing, and Other Skilled Trades sector ranked tenth, with a total real growth of 11.1 per cent (£2,374).

Other metrics considered as part of the study were mean annual pay increase and real wage increase.

Mark Bower-Easton, head of distribution at Oxford Capital, said: "As the government seeks to support growth amidst inflationary pressures and cost-of-living challenges, high-growth sectors become pivotal investment targets.

"For instance, sectors with strong real wage growth and consistent pay increases demonstrate resilience in maintaining purchasing power, even during economic uncertainty.

"This resilience is especially appealing for investors looking for long-term stability and profitability."

The full dataset is available to view at https://docs.google.com/spreadsheets/d/1O3uWDAvzTfveKMEahzMCpPHCcTgbbbU_PHheD4dR1xY/edit