Member Article

Newcastle College worth £234 million to local economy

A study commissioned by Newcastle College suggests the organisation contributes £234.8 million to the North East economy.

Former college students employed in the regional workforce contribute £187.5 million to the North East, according to the report from Economic Modelling Specialists International (EMSI).

The College, which is part of the wider Newcastle College Group organisation, is one of the largest further and higher education colleges in the UK.

Deputy Principal, Robin Ghurbhurun commented: “The report clearly demonstrates the significant economic impact that Newcastle College has in the North East from multiple perspectives. The role of the College is far from just providing courses; it’s about equipping people with the relevant education, training and skills and empowering them to make a positive contribution to society and the local economy.

“The experiences that our learners have here will shape the rest of their lives and put them on the path to becoming happy and productive members of the community.

“The College works in partnership with employers to help them provide staff development opportunities and to recruit qualified trained workers. The local business community also benefits from the College as a large scale purchaser of goods and from the expenditure of our staff and learners.

Mr Ghurbhurun added: “With an intensifying lens on value for money it was important for us to really look at the impact of what we do as an education and training provider, employer and local business.

“Despite the uncertain economic climate, this research shows how valuable high quality education, training and skills are to the North East.”

This was posted in Bdaily's Members' News section by Tom Keighley .