New analysis shows that just one year’s intake of incoming international students is worth £28.8 billion to the UK economy. The costs and benefits of international higher education students to the UK economy, published by Universities UK International (UUKi) and the Higher Education Policy Institute (HEPI), with research from London Economics, finds the benefits of hosting international students significantly outweighs the costs of international students, including their use of public services, which are put at £2.9 billion.
The net economic benefit of £25.9 billion is spread across every part of the UK and the report provides the results for every one of the 650 Westminster constituencies. For example, the contribution to the UK economy of international students in the 2018/19 intake resident in Sheffield Central is £290 million. Other notable results include Nottingham South (£261 million); Holborn and St Pancras (£243 million); Newcastle upon Tyne East (£240 million); East Ham (£217 million); Cambridge (£214 million); Cardiff Central (£181 million); and Glasgow Central (£171 million).