1. The Economic Impact of the University of the West of England
- Author:
- Andy Logan and Alice Gambarin
- Publication Date:
- 04-2017
- Content Type:
- Research Paper
- Institution:
- Oxford Economics
- Abstract:
- In total, UWE Bristol is estimated to have supported 8,280 jobs in the West of England, or one in every 79 people in employment in the area. Some 59 percent was as a result of the University’s expenditure, with the remainder of jobs stimulated by additional students’ and their visitors’ spending. The University contributed £400.1 million in gross value added to the West of England economy. This is equivalent to 1.3 percent of the local economy. As a result of this activity, in 2014/15, the University, its employees, additional students, and their visitors supported a £88.7million tax contribution to the Exchequer. The University had a major impact on businesses and the local economy through its role in the supply of graduate talent. A significant proportion of the thousands of graduates from the University annually are employed within the city-region, including many of those attracted to study at UWE Bristol from elsewhere.
- Topic:
- Economics, Education, Tax Systems, Local, Higher Education, and Public Service
- Political Geography:
- United Kingdom and Europe