Deloitte: BBC generates £8bn for UK economy

A study by accounting firm Deloitte has claimed the BBC’s contribution to the UK grew 5.6 per cent to £8.1bn in 2010 – returning more than £2 for every pound of the £3.6m licence fee.

While critics claim the Corporation is a burden to hard-pressed tax payers, it will be able to point to the figures to suggest it is anything but in its upcoming budget review.

Its “net” contribution – money that wouldn’t be replaced by commercial activity if the BBC didn’t exist – was up 14 per cent to £5bn, according to the study.

However, while expenditure in Scotland, Wales and Northern Ireland all increased, 69 per cent of the Beeb’s gross economic contribution remained tied to London.

The BBC is in the process of redistributing its reliance on the south-east, and by 2016 half of network TV programmes and 40 per cent of radio spending are due to be  produced away from the capital, partly through the relocation of five departments to Salford.

The Corporation needs to cut 16-20 per cent of its budget over the next four years, a move precipitated by an agreement to freeze the licence fee.

(Source: MediaGuardian)

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