Bulletin

Britain's low-carbon economy is making £46bn a year

Statistics - Data showing more than 96,000 businesses involved in the renewable energy and low-carbon sector - SantanderCB

The Office for National Statistics has published data showing that there were more than 96,000 individual businesses involved in the renewable energy and low-carbon sector in 2014, generating more than £46bn annually and employing 240,000 people in the UK.

They accounted for 4.4% of the total number of British firms excluding the financial sector.

The highest percentage of renewables and low-carbon companies was seen in Scotland (5.2%), followed by England (4.4%), Wales (3.9%) and Northern Ireland (3.2%).

WWF Scotland director Lang Banks said the figures underline the importance of low-carbon businesses to Scotland and the rest of the UK, and he called on politicians on both sides of the border to commit to a renewable energy future.

He also believes Scotland had the chance to become the first fully renewable electricity nation in the European Union by 2030.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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