Telecoms giant BT provided a £740m boost to the Welsh economy in its last financial year, while supporting nearly 8,500 jobs.
The impact, both direct, indirect and induced, is highlighted in a new report from consultancy firm Hatch which analysed the spending of employees and suppliers of BT Group – which includes EE, BT, Plusnet and Openreach.
The group, which directly employs 5,000 people in Wales, made a direct contribution to the Welsh economy estimated at £490m in 2021/22. Through the company’s employees and its supply chain, and their resulting spending, Hatch estimates a total economic impact totalling £740m.
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