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kpmg-economic-impact.pdf

🔗 Source: downloads.bbc.co.uk

📊 Size: 2.09 MB

📄 Pages: 78 pages

⬇️ Downloads: 54

Summary

KPMG conducted a study assessing the BBC's economic contribution to the UK economy, including its role in supporting the UK's creative sector. The creative sector contributed £115.9bn to the UK economy in 2019, with the BBC making a significant positive economic contribution across each of the UK's nations and regions. The BBC's gross value added (GVA) was £4.9bn in FY 2019/20, with at least £3.1bn generated in the UK creative sector. The BBC's total GVA multiplier of 2.63 is substantially higher than the average GVA multiplier of 1.84 for its sub-sector, contributing approximately £1.5bn more in total GVA than expected. Half of the BBC's direct GVA impact and total GVA were generated outside of London in FY 2019/20. The BBC has also contributed to the development of a creative and digital cluster around MediaCityUK in Salford, with employment in the creative and digital sector growing by 142% since 2010.

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Description

KPMG conducted a study assessing the BBC's economic contribution to the UK economy, including its role in supporting the UK's creative sector.

Technical Information

File Format: PDF
File Size: 2.09 MB
Pages: 78
Language: EN
Total Downloads: 54
Last Updated: 8 months ago

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