How We Support Britain's Economy and Communities
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How we support Britain’s economy and communities stagecoach.com We carry We employ almost 24,000 people around 2.5 Welcome million customers a day Our transport services play a vital role in keeping Britain moving We operate 8,300 buses, coaches and trams For four decades, Stagecoach transport services have The new research carried out by Cebr has now also revealed transported billions of people, helped to build strong local the wider transport benefits associated with Stagecoach, which economies and provided a greener way to travel. As the demonstrate how we contribute towards making the nation more UK’s biggest bus and coach operator, our operations serve active, delivering cleaner air, reducing congestion on our roads communities in major cities including London, Manchester, and making our communities safer. Liverpool, Newcastle, Hull, Sheffield, Oxford and Cambridge * as well as inter-urban and rural locations, such as Cumbria Stagecoach internal data and Lincolnshire. We connect people with jobs, skills and training, bring customers to our high streets and draw families, friends For over 25 years Cebr has supplied We create vital and communities together, supporting the country’s independent economic forecasting and Jobs economic growth and reducing social deprivation. analysis to hundreds of private firms Our economic impact employment and public organisations. Cebr was This new report published by Stagecoach and the commissioned by Stagecoach Group Centre for Economics and Business Research (Cebr) to assess the economic and social contribution of its We pay our way …that’s analyses the significant impact that Stagecoach makes, not transport services to the UK economy. Tax just directly in providing transport services but more widely For centuries the foundation Driven by extensive data provided by Stagecoach, in supporting the economy and our communities. of Britain’s economy has been Cebr quantified the significant direct economic the private sector, with major Stagecoach supports 33,000 contribution of Stagecoach’s activity to the UK We have been constant in our support of the country’s employers like Stagecoach making direct and indirect jobs economy, and the additional economic output across the UK economy and communities, where we provide lifeline bus significant contributions towards supported through its supply chain expenditure services, with £930 million a year in GVA directly contributed national financial growth. 1 in every to the UK economy. and wider employee spending. In addition, the use of public transport over private 1,000 UK jobs vehicles can have significant social and environmental And for every 10 jobs Gross Value Added (GVA) benefits and the research considers these additional directly generated by is the measure of our contribution towards benefits associated with Stagecoach. Stagecoach, a further the growth of the economy. This research includes Stagecoach bus services, Stagecoach Supertram and the company’s Shared 4 jobs Stagecoach is one of the country’s biggest private sector Service Centre in Stockport. Analysis was carried out Stagecoach and our employees are supported in aggregate employers. We provide direct employment for around 24,000 from data for financial year 2013–14 to financial year directly pay around …which is enough to fund people in the UK, from bus and tram drivers, to engineers and 2017–18, with the majority of statistics quoted in this report taken from 2017–18. customer service staff. A further10,000 jobs are supported nationally, which sees us providing support to around £220m 5,000 7,000 small, medium and large businesses, investing in tax to the UK exchequer each year, qualified nurses!** over £580 million a year through our supply chain.* through payroll and corporation taxes spent£580m supporting the UK supply chain Forty years after we were founded, in Supply chain We’ve grown from a family business Stagecoach was in Perth, Scotland, to become a founded in major listed public transport group 2020 Our success supports a year Stagecoach work with 1980 other businesses ,000 7 businesses For every £10 in turnover directly generated by Stagecoach bus services, a further £9.40 of turnover is supported as Britain’s original and most we are one of the largest private sector through the supply chain and wider employee spending. successful transport start-up employers in the country 2 Stagecoach: How we support Britain’s economy and communities **Totaljobs.com, based on average nurse salary Stagecoach: How we support Britain’s economy and communities 3 How we benefit Britain Benefits to regional Every year we make a significant* direct economic impact on the UK economy: economies across £220 people Direct VA million the UK We provide transport links for 23,769 directly Income Tax employed contributions £930 Our services cover a network stretching from the Highlands and 2.5 million Islands of Scotland to South West England. We operate in each of customers a day the UK’s major regions and the table below highlights the regional million economic footprint of our bus services. £710 million Employee in wages and £1.3 Turnover (£ million) GVA (£ million) Employment (jobs) compensation employee benefits billion (£ million) direct turnover Direct Aggregate Direct Aggregate Direct Aggregate Direct Aggregate ** ** ** ** Region* impact footprint impact footprint impact footprint impact footprint When we add these figures to ourwider economic footprint, our bus operations and employees support: Scotland 190 344 121 198 3,217 4,313 90 137 GVA jobs £1.63 North East England 70 121 49 76 1,365 1,782 35 51 billion 33,386 North West England 218 390 182 286 4,481 5,988 124 188 £1.15 Yorkshire & Humber 89 156 63 98 1,813 2,376 47 70 £2.52 billion £380 billion in wages and turnover employee benefits million East Midlands 76 132 54 84 1,493 1,958 41 60 Income-related tax contributions West Midlands 35 55 19 26 493 604 16 21 Wider society benefits London 255 425 182 276 3,962 5,130 159 228 Our public transport services also deliver significant wider social and environmental benefits for our country with millions of pounds saved every year in costs associated with healthcare, emissions and congestion as a result of people using buses rather than private vehicles. East of England 63 114 45 74 1,041 1,403 33 50 South East England 164 297 120 197 3,110 4,198 89 137 £343 £44.2 South West England 99 184 65 109 1,936 2,643 51 81 £12.4 million million £13.3 saved in emissions costs, million in potential congestion which would power saved in costs associated related savings from million with road traffic accidents, reducing road mileage by Wales 43 75 27 43 858 1,119 21 30 9,800 which would fund more than saved in healthcare costs, homes for a year† which is equivalent to 1.22 billion the costs of over 750 extra salaried Ps† † miles UK 1,301 2,521 927 1,621 23,769 33,386 705 1,153 83,000 people** being seen in * Data based on 2018 full year figures ** improvement.nhs.uk/documents/1972/1 A& departments _-_Reference_costs_201718.pdf * This is the same classification used by the UK government for its data † moneyadviceservice.org.uk/blog/how-much- ** The wider economic footprint of Stagecoach goes beyond the direct impacts, due to activity along the supply chains and the wider spending that occurs when employees (and the is-the-average-gas-and-electricity-bill-per-month employees supported along the supply chains) spend their earnings in the wider economy. These combine to give the aggregate economic footprint † † Based on average GP salary from NHS Digital (08/2019) 4 Stagecoach: How we support Britain’s economy and communities Stagecoach: How we support Britain’s economy and communities 5 Did you know? UK regions in the spotlight How our impact is The UK saved an estimated The majority of our GVA contributions are in the North West, followed by London, benefiting Britain Scotland and the South East. £12.4 million in emission costs in 2018 due Case study to our bus services helping to reduce the country’s carbon Scotland footprint In Scotland our aggregate Investing in cleaner technology GVA is The North West £198 million For four decades we’ve pioneered greener and This significant investment will deliver cleaner air closely followed by the smarter mobility, with a key focus on providing and reduced road congestion through a greener bus Here we make one of our highest South East at cleaner buses for the country’s travelling public fleet, aiming to help generate further modal shift from contributions to the economy, and for and boosting air quality for towns and cities right the car to public transport. By the end of 2020, we’ll every £1 in direct GVA contributions £197 million across the UK. We’ve invested £1 billion in 7,000 be running one of the biggest electric bus fleets in an additional 61p is supported. new greener vehicles in the past decade; more Europe with 100 e-buses on the road. than any other operator in the UK. Delivering greener journeys remains a key priority and during 2020, with support from the Department invested in for Transport’s Ultra-Low Emission Bus Scheme, we greener buses over the past will roll out one of the biggest electric bus orders £1bn decade in Europe. £13 million is being invested in around 50 new zero emission e-buses for Manchester £ and South Wales. We are one of the biggest employers in North West England and support around 4,481 jobs Did you Case study directly. A further 1,507 jobs are know? supported through our supply chain or as a result of the money our Road mileage across the UK is employees spend in the region.