Ungated Post | 04 Jan 2016
The Economic Impact of Bath Spa University
Bath Spa University supported over 2,050 jobs in Bath and North East Somerset in 2014/15 – equivalent to one in every 49 jobs in the district. The University itself employs 966 people. This makes it the fifth largest employer in Bath and North East Somerset. It is considerably more than are employed by some of the city’s most famous institutions.
In total, the University generated a value-added contribution of £93.9 million to the Bath and North East Somerset economy in 2014/15. This is equivalent to 2.0 percent of the district’s economic output. Of this, the University supported a £51.7 million contribution and the University’s additional students and their visitors the remaining £41.7 million contribution to GDP.
In 2014/15, Bath Spa University made a total tax contribution of £21.1 million to the UK Exchequer. This could fund the Royal United Hospital’s and Royal National Hospital for Rheumatic Diseases’ running cost for about a month.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
Americas
Diantha Redd
+1 (646) 503 3052
Email
Asia Pacific
Peter Suomi
+65 6850 0110
Email
EMEA
Aoife Pearson
+44 (0)203 910 8054
Email
Related Services
Post
The economic impact of abandoning the WTO
Oxford Economics have been commissioned by the International Chamber of Commerce (ICC) to provide an independent assessment of the economic impact of WTO dissolution. This report details our findings and the assumptions underpinning our analysis.
Find Out MorePost
The economic impact of the sports activities of public service media
This study shows how the sports activities of public service media supported €4.5 billion of GDP and 57,000 jobs across 31 European countries in 2022, taking direct, indirect (supply chain), and induced (wage-funded expenditure) impacts into account. The report also highlights wider economic benefits of public service media sports coverage, such as the way in which it leverages sponsorship income for sports bodies.
Find Out MorePost
Global Trade Education: The role of private philanthropy
Global trade can amplify economic development and poverty alleviation. Capable leaders are required to put in place enabling conditions for trade, but currently these skills are underprovided in developing countries. For philanthropists, investing in trade leadership talent through graduate-level scholarships is an opportunity to make meaningful contributions that can multiply and sustain global economic development.
Find Out More