The Importance of Physics to the UK Economy

Physics is central to the UK economy. Whether through the application of novel research and technologies, or through the skills and abilities of physics-trained workers, physics drives businesses and innovation.

Economy report cover

This report analyses the contributions of businesses that depend on physics. 

These physics-based businesses contribute 8.5% of the UK’s economic output and employ more than one million people. 

If indirect effects such as supply chains for these businesses are taken into account, that number rises to 3.9 million jobs contributing £220 billion to the UK economy.