1、FEBRUARY 2023THE IMPACT OF HMC SCHOOLS ON THE UK ECONOMY1The impact of HMC schools on the UK economyTABLE OF CONTENTSFEBRUARY 2023Foreword by HMC 2Executive summary 41.Introduction 101.1 Introduction to HMC and the UK independent schools sector 101.2 Scope of the study 121.3 Introduction to economic

2、 impact assessment 131.4 Additional economic and social benefits of HMC and independent schools 141.5 Structure of the report 142.The economic footprint of HMC and independent schools 182.1 The economic footprint:key findings 182.2 The schools income,costs,and direct GVA 192.3 Direct employment and

3、staff remuneration 212.4 Direct tax impacts 222.5 The pattern of procurement and indirect economic impacts 222.6 Induced economic impacts 242.7 Total economic footprint in detail 253.Savings to the taxpayer 283.1 Savings to the taxpayer:key findings 283.2 HMC and independent school pupils entitled t

4、o a UK state school place 283.4 Taxpayer savings due to recurrent school spending 303.5 Taxpayer savings due to capital outlays 313.6 Potential additional taxpayer savings 324.The impact of Covid-19 and Brexit 364.1 The impact of Covid-19 and Brexit:key findings 364.2 Quantifying GVA shortfalls in a

5、ctivity in 2021 374.3 Possible drivers of the GVA shortfalls 394.4 Shortfalls in the schools employment impacts in 2021 415.Environmental impacts 445.1 The Greenhouse gas emissions footprint:key findings 465.2 HMC schools own Scope 1 impact 475.3 The Scope 2 impact of HMCs energy use 505.4 The globa

6、l Scope 3 impact of HMCs non-energy purchases 535.5 Total GHG emissions and energy use in detail 54Appendix 1:Results tables 58Appendix 2:Methodology 662The impact of HMC schools on the UK economyFOREWORD BY HMCSince its inception in 1869,the Heads Conference(HMC)has existed to provide support and a