Originally Appeared: CapX on January 20, 2020
The internet is an integral part of our daily lives, providing vital products and services, but most of us probably don’t realise just how much it contributes to our economy.
In fact, the internet sector accounts for almost 400,000 jobs, 80,000 businesses, and £45bn in Gross Value Added to the UK’s GDP.
New research released today by the Internet Association shows how a vibrant internet economy is contributing to communities up and down the country. Despite common perceptions that the internet sector is concentrated in London and the South East, the data show a very different story.