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Reviewing The Events Industry During The United Kingdom

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REVIEWING THE EVENTS INDUSTRY IN THE UNITED KINGDOM

Morgan Fargo: S00802146
7TH November 2014

Professional Skills Module
Fatimah Khan

Word Count: 1155

Table of Contents

Cover Page 1
Table of Contents 2
Introduction 3
Table 1.0 (3)
Table 1.1 (4)

Economic Impacts 4
Table 2.0 (4)
Table 2.1 (5)
Table 2.2 (6)

Social Impacts 7
Table 3.0 (8)

Environmental Impacts 10
Table 4.0 (10)
Table 4.1 (11)
Political Impacts 11
Conclusion &
Recommendations
12
References 13

Introduction

The United Kingdom is a sovereign state consisting of Great Britain and Northern Ireland, constituting a 64.1 million strong population (2013). As a more economically developed country, the UK’s life expectancy is 81.50 years old with an …show more content…

As an industry, “it leads to the employment of 530,000 people, reaching from apprentice level upwards” (Hirst, 2012). For a specific example, “there are 27,800 people employed as managers and organizers in the event industry’s conference and exhibition sector” (ONS, 2011).

Table 2.0 Summary of expected impacts on employment

Source: Gamesmonitor 2005 The growth forecast for the UK events industry following the 2012 London Olympic Games, which is the most recent mega event held in the UK, can be illustrated with the following table. This table highlights the expected growth, predicted to occur following the event. “In practice, a significant proportion of ‘London’s’ GDP is generated by people who live outside London but who commute to work in London. Likewise, the nature of the London labour market means that many people move within the capital for work.

Therefore, fractions of the GDP generated in London (or North East London) will be earned by workers who live in other regions of the country and their earnings and spending will, therefore, benefit the economies of other parts of the country” (Gamesmonitor, 2005).

Table 2.1 Summary of expected

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