Partner Article
Rugby World Cup 2015 to generate record boost for UK economy
The UK will host a record number of international visitors than any previous Rugby World Cup according to projections from multinational professional services firm EY, ahead of the tournament beginning later this month.
With 466,000 visits expected across the duration of the tournament, international visitors are expected to contribute up to £869m in direct expenditure.
The tournament, which will be held in 13 venues across 11 UK cities, including Manchester,Leeds and Newcastle, is expected to generate an economic boost of £45m, £53m, and £93m respectively.
In addition, investment in infrastructure for the tournament is expected to reach £85m, bringing lasting benefits to host cities.
The report also revealed that this year’s Rugby World Cup will contribute up to £2.2 bn of output to the economy, translating into an additional £982m to national GDP.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world