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1、DECEMBER 2022THE IMPACT OF INDEPENDENT SCHOOLS ON THE UK ECONOMY1The impact of independent schools on the UK economyForeword 2Executive summary 41.Introduction 81.1 Introduction to the ISC and the UK independent schools sector 81.2 Scope of the study 101.3 Introduction to economic impact assessment

2、101.4 Additional economic and social benefits of independent schools 121.5 Structure of the report 132.The economic footprint of ISC and all independent schools 142.1 The economic footprint:key findings 142.2 The schools income,costs,and direct GVA 162.3 Direct employment 172.4 Direct tax impacts 18

3、2.5 The pattern of procurement and indirect economic impacts 192.6 Induced economic impacts 212.7 Total economic footprint in detail 213.Savings to the taxpayer 243.1 Savings to the taxpayer:key findings 243.2 Independent school pupils entitled to a UK state school place 253.3 Recurrent spending per

4、 pupil by state-funded schools and trusts 263.4 Taxpayer savings due to recurrent school spending 263.5 Taxpayer savings due to capital outlays 283.6 Potential additional taxpayer savings 4.The impact of Covid-19 and Brexit 324.1 The impact of Covid-19 and Brexit:key findings 324.2 Quantifying GVA s

5、hortfalls in activity in 2021 334.3 Possible drivers of the GVA shortfalls 354.4 Shortfalls in the schools employment impacts in 2021 37Appendix 1:Main results tables 38Appendix 2:Regional distribution of the ISC economic footprint 44Appendix 3:Impact of boarding at ISC schools 47Appendix 4:Impact o

6、f non-British pupils at ISC schools 48Appendix 5:Methodology 50DECEMBER 2022TABLE OF CONTENTSThe impact of independent schools on the UK economy2FOREWORDIndependent schools are entwined in the fabric of their local economies.Each schoollarge or smallwill be connected to its local community in a myri