Publications in: Education and Labour Markets

The Benefits and Costs of International Arts and Design Students to the UK Economy – September 2023

Published: 12 September, 2023

Given the significance of international students as a source of export revenues and following our recent previous study of the benefits and costs to the UK economy associated with all international students (across all subjects (here)), we were commissioned by the University of the Arts London to estimate the benefits and costs to the UK economy […]

London Economics Awarded a Prestigious Grant from the Nuffield Foundation

Published: 14 August, 2023

London Economics are pleased to announce that we have been awarded a prestigious grant from the Nuffield Foundation to model the resource implications – for students, graduates and the Exchequer – of the current Higher Education funding systems in the four nations of the UK. The analysis aims to improve the understanding the current fees […]

The Economic Impact of the University of Edinburgh – June 2023

Published: 22 June, 2023

The total economic impact on the UK economy associated with the University of Edinburgh’s activities in 2021-22 was estimated at approximately £7.522 billion. In terms of the components of this impact, the value of the University’s research and knowledge exchange activities stood at £3.180 billion (42% of total), while the impact associated with the University’s […]

Alternative Options for Higher Education Fees and Funding for England – May 2023

Published: 3 May, 2023

Following the Augar Review of post-18 education, the Department for Education put forward a set of proposals to reduce the costs of higher education fees and funding in England that included…

The Benefits and Costs of International Higher Education Students to the UK Economy: Analysis for the 2021-22 Cohort – May 2023

Published: 16 May, 2023

Download the Summary Report Download the Full Report   With 679,970 international students studying at higher education institutions across the United Kingdom – equivalent to 24% of all higher education students in 2021/22 – international students contribute significantly to our economic and social prosperity, both in the short term during their studies as well as […]

Analysing Loan Forgiveness for Nurses – April 2023

Published: 11 April, 2023

London Economics were commissioned by the Royal College of Nursing to assess the economic costs associated with introducing loan forgiveness for nurses after the Department for Education’s recent proposals following the Augar review of post-18 education. Under the Department’s response to Augar, the reduction in the repayment threshold (and slower uprating) and the extension of […]

The Economic Impact of the University of Cambridge – March 2023

Published: 20 March, 2023

London Economics was commissioned to assess the economic impact of the University of Cambridge in the United Kingdom, focusing on the 2020-21 academic year. The analysis identified that the total economic impact on the UK economy associated with the University of Cambridge’s activities in 2020-21 was estimated at approximately £29.8 billion. Compared to the University […]

Skills and UK Productivity: Estimating the Contribution of Educational Attainment to Productivity Growth

Published: 23 February, 2023

London Economics were commissioned by the Department for Education to investigate the contribution of educational attainment to UK productivity growth. Growth in UK labour productivity has slowed in recent years. We analyse this productivity puzzle by estimating the impact of changes in educational attainment on UK labour productivity (Gross Value Added (GVA) per hour worked) […]

Part and Parcel: The Economic and Social Value of Post Office – February 2023

Published: 22 February, 2023

London Economics were commissioned by Post Office to analyse the economic and social value of Post Office. Post Office generated an economic impact of £4.7 billion in 2021/22 throughout the whole of the United Kingdom, with at least £2 million of economic impact originating in every parliamentary constituency. Post Office also supported nearly 50,000 full-time […]

Assessing the Impacts of the Reduction in the Age of Entitlement to the National Living Wage from Age 25 to Age 23

Published: 19 January, 2023

London Economics were commissioned by the Low Pay Commission, who recommend changes to the minimum wage to the UK government, to investigate the impact of extending the eligibility to the National Living Wage from those aged 25 and above to include 23- and 24-year-olds in April 2021. The research of the Labour Force Survey and […]