Impact report web
Blundell's (consisting of the Prep and the Senior School) makes an important contribution to the well being of the local and national economy. Our contribution has been estimated using the modelling tool created for the Independent Schools Council by Oxford Economics.
GDP Contribution £29.0m
This is the contribution to UK GDP made by Blundell's. It is made up of the amounts generated by net Fees, our supply chain (many of them within Tiverton and the wider Devon region) and the spending of our staff and suppliers.
Local Impact £16.9m
This is the contribution to GDP of Mid Devon made by Blundell's. It is made up of the amounts generated by net Fees, our supply chain (many of them within Tiverton and the wider Devon region) and the spending of our staff and suppliers.
UK Tax Paid £8.4m
This includes the amount of salary taxes, rates and fuel paid by the school, plus those taxes paid by the staff and suppliers (including VAT) based on school and employee spending.
£5.2m savings to the UK taxpayer in school places
The total savings generated for the UK taxpayer, as a result of attendance at Blundell’s by 756 pupils who would otherwise take up a free UK state school place.
Impact on local and UK employment
393
The number of Teacher and Support staff employed directly at Blundell’s. Almost all of whom live within 10 miles of the school.
467
The total number of jobs both at the school and supported locally by Blundell’s economic activity.
687
The total number of jobs supported nationally by Blundell’s direct employment, by the school supply chain and but the economic activity of our staff and suppliers.
£858,000 means tested support
As a result of our bursary program 86 individual Pupils who would not otherwise be able to attend Blundell’s received Means Tested Bursaries against their Fees.
For more information on how Blundell's impacts the economy, society and the environment please read the report below.