Business: Economic Growth

(asked on 15th December 2025) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the potential impact of business events on economic growth.


Answered by
Stephanie Peacock Portrait
Stephanie Peacock
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
This question was answered on 22nd December 2025

Business events can generate economic growth, create jobs, and boost the visitor economy across the country. In 2024, business events contributed a reported £33.6 billion to the UK economy as a whole according to data from UK Events.

The average business traveller spends more than double that of a leisure tourist (£209 v £101) and, with 38% taking place outside of London, business events are an example of how events can support economic growth across the UK

The British Tourist Authority also supports organisations in attracting international business events across UK cities via the Business Events Growth Programme. In the 2024-25 financial year, the programme financially supported 36 international events across Britain and generated an additional £27.5 million in expenditure. These events were aligned with key Government priority sectors including healthcare and life sciences, engineering and manufacturing, technology, renewable energy and creative industries.

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