Chief Executive's statement
"Through the investment we make in our centres, the jobs we create, the taxes we generate and the causes we support, we add billions to the UK economy."
Welcome to our 2018 economic contribution report which explains how intu centres add value to both local and national economies in the UK.
As a long-term business, our success means we can continually improve our centres, offer good-quality, long-term jobs and support local communities. We create compelling, joyful experiences that make our customers smile and help brands flourish. Our centres are not only great places for customers to shop, eat and enjoy themselves, they are catalysts that create dynamic economic and social value, both locally and nationally.
Through the investment we make in our centres, the jobs we create, the taxes we generate and the causes we support, we add billions to the UK economy, as well as helping a wide range of community organisations to improve the lives and wellbeing of people in their neighbourhood.
The figures are impressive – in 2018 we added £4.8 billion in value to the UK economy, provided 3.2 per cent of the country’s entire retail employment, contributed one per cent of all the business rates paid in the UK (£277 million) and paid nearly half a billion pounds in Income Tax and National Insurance. And that’s not to mention the local charities and community organisations where our total contribution reached £1.7 million.
The stories in this report show how we are making a difference in communities across the UK.
Matthew Roberts Chief Executive