The contribution of UK universities to the British economies increases by 24%.
UK universities’ contribution to the UK economy has increased by 24%, according to new research.
The latest, fifth, study published by Universities UK found that, in 2011-2012, the higher education sector in Great Britain generated over £73bn, in both direct and indirect effects. The sector has increased its share of the GDP to 2.8% – up from 2.3% in 2007 – and now accounts for 2.7% of all employment – up from 2.6 in 2007. This is equivalent to 757,268…
