The University of Hull injects over £900m into the UK’s economy, according to a new report.
As an anchor institution in the Humber region, the University plays a vital role in its economic growth and prosperity.
The University of Hull directly employs over 2,000 people, and through its supply chain and business networks, supports an additional 4,100 jobs across Yorkshire and the Humber.
Contributing £370m to the local economy – a figure which rises to £913m across the UK – a new study commissioned by the University and College Union has highlighted the importance of Higher Education institutes to their area.
Prof. Susan Lea, Vice-Chancellor at the University of Hull, said: “Having a strong and successful University is absolutely vital to the prosperity of a region. These figures, released by UCU, only serve to reinforce that message.
“The University of Hull is critical to the economic future of the Humber region and beyond. Whether through providing a highly-skilled workforce of the future, or helping local businesses thrive and grow, we know the University has a hugely significant role to play.
“Throughout recent months, which have brought with them significant challenge, the University has remained rooted to its core principles – providing a high-quality learning environment, delivering impactful research and innovation, supporting businesses and jobs across the region, and spearheading economic growth and prosperity.”
When focusing the spotlight on employment, the University of Hull generates almost 8,000 UK jobs.
More than 6,000 jobs in Hull and across the Humber Estuary rely on the University, with the institution committed to nurturing a highly-skilled workforce of the future.
The University’s impact, however, spans far beyond employment.
As a research centre of excellence, with world-class expertise in areas including flooding, renewable energy, environment and slavery, the University continues to drive innovation and tackle some of society’s greatest challenges.
From its Energy & Environment Institute – now comprising of almost 100 researchers working together to tackle the threats posed by climate change – to the Wilberforce Institute for the study of Slavery and Emancipation, research is at the heart of everything the University does.