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Tourism: jobs and growth - The Economic contribution of the tourism economy in the UK
Tourism: jobs and growth - The Economic contribution of the tourism economy in the UK
Description
This report from VisitBritain, commissioned from Deloitte with Oxford Economics as sub-contractors.  As well as highlighting tourism's central role in creating new jobs across Britain, findings include:
· The tourism economy is set to grow 3.8% per annum – faster than manufacturing, construction and retail
· It is currently worth £127bn – growing to £257bn by 2025 - 10% of UK GDP
· It has supported 3m jobs throughout the UK in 2013 (9.6% of UK employment)
· It accounted for one third of the net increase in UK jobs between 2010 and 2012 (175,000 additional jobs) - and is forecast to support 3.7m jobs by 2025
· Inbound tourism is the driving force of growth and is forecast to grow from over £21bn in 2013 to £57bn by 2025.Inbound tourism is already one of Britain's top export industries and its record performance since the London 2012 Olympics bodes well for the future.
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