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General

BT gives GBP 18 billion boost to UK economy - study

Wednesday 4 November 2015 | 10:44 CET | News
A new report from Regeneris Consulting shows that BT is responsible for generating GBP 1 in every GBP 80 produced in the UK. The report shows that BT spent GBP 6.5 billion with UK suppliers during the 2014/2015 financial year and gave an GBP 18 billion boost to the UK economy. Almost half of the GBP 18 billion comes from the direct employment of 72,200 people and a further 10,900 as contractors. The report estimates that the equivalent of 217,000 full-time UK jobs are supported through BT's direct employment, its spending with contractors and suppliers and the spending of employees.

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Categories: General
Companies: BT
Countries: United Kingdom
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