TELECOM giant BT has generated £319 million for West Yorkshire and created more than 8,000 jobs in the county, a new report claims.
The report, by DTZ Consulting, reveals that the company supports 8,200 jobs through direct employment, expenditure with contractors and suppliers and the spending of its employees.
Throughout Yorkshire and the Humber as a whole, the report suggests that BT employs 6,460 people – 5, 567 direct employees and 893 contractors – with a total income of 198 million.
It estimates that this provides work for a further 12,140 people through the company's expenditure with businesses supplying its equipment and services and the spending of its workers.
BT has also spent more than 2.2 million on community, charity and voluntary programmes in Yorkshire and the Humber in 2009/10.
Nationally, the report says that BT generates 13 billion and supports 270,000 jobs with a total value of 37 billion.
John Anderson, BT's regional director for Yorkshire and the Humber, said: "BT contributes some very big numbers to West Yorkshire's bottom line.
"These latest figures confirm the unique and vital role the company plays in the prosperity and well-being of the county.
"Every local authority area and every part of society benefit from our day-to-day activities and our commitment to be at the heart of every community.
"BT people across the county have a genuine desire to make a positive contribution to their society.
"It is vital as a business that we continue to grow and help our customers, stakeholders and employees to thrive as we work together to create a more prosperous West Yorkshire."
The DTZ Consulting report, called The Economic Impact of BT in the United Kingdom, analyses the positive contributions made by BT through the salaries and wages of employees and contractors, and the beneficial impact of its procurement and overall expenditure around the UK.
Russell Whyte, an associate director with DTZ Consulting, said: "The proportion of its total spend retained in the UK this year is notably higher than the average for the telecoms industry generally, which boosts its overall impact."