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Wednesday 29 March 2023

An independent report published today has revealed the University of Surrey has generated £1.3 billion for the county’s economy

The document by BiGGAR Economics assessed the period from 2021 to 2022.

It shows over 17,500 jobs were created in Surrey by the university in that time.

58% of university staff also live in the county, and the report revealed they are likely to spend their wages in the area where they live. 

Capital investments made by the university have also an impact on the construction sector.

The University of Surrey spends around £45 million per year on capital projects, with 16% of that spend secured by companies in the county. 

The report also noted the work done by the university in nearby schools to help them mitigate the effects of the COVID pandemic.  

posted by Radio Jackie News Team @ 7:03 am  

Top of Radio Jackie News page here.

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