Powering the UK
Powering the UK 2014 sets out the contribution the energy industry makes to the national economy bringing with the sector as a whole paying £5.7 billion in tax and supporting around 680,000 jobs nationally, expanding often outside the London and the southeast.
The report also shows that energy is the second most productive sector in the UK economy well ahead of areas like professional and scientific services or construction and only just being outpaced by mining and quarrying. It illustrates how Britain has become a worldwide leading in consumer switching coming in just behind Australia, New Zealand and Ireland.
Highlights of 2014 include how the energy sector:
- invested £13.1 billion in infrastructure
- supported 680,000 jobs across all regions
- contributed £5.7 billion to the Treasury