牛津经济研究院-英国KBRIN经济协定（英）

JANUARY 2025THE ECONOMIC IMPACT OF KBR IN THE UK2The economic impact of KBR in the UK3The economic impact of KBR in the UKTABLE OF CONTENTSExecutive summary 41. Introduction 81.1 KBR in the UK 91.2 How KBR supports the UK economy 101.3 Structure of the report 112. KBR’s direct impact in the UK 142.1 KBR’s joint ventures 142.2 Direct GDP contribution 142.3 Direct employment contribution 143. KBR’s wider impact in the UK 203.1 Indirect impact 203.2 Induced Impact 213.3 Total economic impact 23Appendix—Methodology 264The economic impact of KBR in the UKKBR delivers science, technology, and engineering solutions to governments and companies around the world. In the UK, KBR plays a role in supporting the country’s sustainability and security ambitions through its direct activities, as well as the activity it enables through its ownership share of several joint ventures (JVs).This study, commissioned by KBR, assesses the impact KBR had on the UK economy in 2023 through its own business, as well as its ownership share of several JVs (hereafter referred to as KBR). We assess this through KBR’s contribution to UK gross domestic product (GDP), employment, and tax revenues. We also explore KBR’s innovative plastic recycling partnership with Mura Technology, and its work to deliver upgrades to and operate accommodation for almost 19,000 military and civilian personnel across Salisbury Plain and Aldershot.In 2023, KBR is estimated to have supported a £913 million total contribution to UK GDP. This is the sum of three channels of impact. Some £358 million was generated directly by KBR. A further £246 million contribution to GDP was supported by its procurement spending and the activity this triggered in its supply chain—its indirect impact. Finally, the payment of wages by KBR and the firms in its supply chain, supported a further £308 million contribution to GDP—its induced impact.1As the total GDP impact across the UK economy is 2.5 times the direct impact alone, KBR can be said to have had a “GDP multiplier” of 2.5. In other words, for every £1 million contribution to GDP generated by KBR in 2023, it supported a further £1.5 million across the UK economy through its expenditure. This economic contribution is estimated to have supported more than 12,800 jobs across the UK economy in 2023. KBR directly employed over 4,000 people. A further 4,900 jobs were supported along the UK supply chain by its procurement spend, whilst some 3,900 jobs were sustained through wage-induced spending.1 The direct, indirect, and induced channels are all separate channels of impact. Figures do not sum due to rounding.EXECUTIVE SUMMARY£913 millionTotal GDP contribution of KBR.12,800 jobsTotal employment supported by KBR.5The economic impact of KBR in the UKOver one-quarter of the jobs supported (or 1,370 jobs) by KBR’s supply-chain spending were in the professional services sector. In this case, the employment multiplier was 3.2. This means that for every 100 people directl