A report by London Economics has measured the University of Cambridge’s impact on the UK economy in 2020-21.
London Economics, one of Europe’s leading specialist economics and policy consultancies, was commissioned to assess the University’s economic impact through a range of activities.
The report estimated that the University supports more than 86,000 jobs across the UK, including 52,000 in the East of England, and contributes over £13 billion in gross value added (GVA).
For every £1 the University spends, it creates £11.70 of economic impact.
For every £1 million of publicly funded research income the University receives, it generates £12.65 million in economic impact across the UK.