BT Generates £1 Billion For Scottish Economy
Communications company BT generated £1 billion for the Scottish economy in the past year, according to a report.
Communications company BT generated £1 billion for the Scottish economy in the past year, according to a report.
The firm supports nearly 12,400 jobs through direct employment, its spending with contractors and suppliers and the spending of employees, the independent analysis showed.
It is the first time the company has passed the #1 billion milestone north of the border, with an increase of £68 million since figures were last published two years ago.
BT Scotland director Brendan Dick said: There are few organisations in Scotland that have a larger impact on the day-to-day life and future prospects of the nation than BT.
We are one of Scotland's largest private-sector employers and investors - our investment in fibre broadband across the country amounts to hundreds of millions of pounds - and the services that we provide are a vital part of every community.
The facts and figures shown in this report highlight the full extent of BT's contribution to the Scottish economy as we go about the daily business of keeping people connected and introducing new technologies, which are creating fresh opportunities and transforming lives.''
The figures were contained in a report by Regeneris Consulting which showed BT in Scotland is responsible for the employment of 6,930 people, with a total employment income of £224 million.
It also revealed the company has committed more than £1.1 million to community, charity and voluntary programmes, spread around many regional communities in 2014/15.