Oxford Brookes contributes over £1 million to the UK economy every day
Universities UK has conducted extensive research into the impact of universities on the economy, based on data derived from the Office of National Statistics’ input-output tables (2006) together with data from its Blue Book (2008).
This research showed that for every £1 million of university output an additional £1.38 million of output was generated in other sectors of the economy (multiplier effect).
At Oxford Brookes we spent £151 million on running the university in 2008/09 plus a further £20 million capital investment in our future. Based on the Universities UK research, our overall impact on the economy was £382 million. Every single day of the year, Oxford Brookes is contributing well over £1 million to the UK economy, seven days a week, 365 days a year.
