Revenue from UK education and transnational education activity exports increased to £21.4 billion in 2017, representing a 7.2% rise on 2016 figures, statistics from the UK government have revealed.
Total education-related exports were estimated at £19.3bn in 2017, while TNE activity was £2.1bn. This is a rise of 30.4% and 94.0% since 2010, respectively.
The statistics also revealed that higher education accounted for the vast share of revenue, contributing £14.4bn in total in 2017.
However, revenue from further education for non-EU dropped by 67%, from £920m in 2010 to £310m in 2017.
Over the same time period, revenue from independent schools rose by 55% to £970m and education products and services by 36% to £2.1bn.
Julie Robinson, chief executive of the Independent Schools Council explained that independent schools are a “national asset”.
“They provide a broad educational offer including excellent academic standards and results that are world-renowned,” she said.
According to ISC, 60,000 non-British pupils at independent schools across the country account for £1.8bn of GDP per year, and support 39,310 jobs and generate £550m in annual tax revenues.
Read more: https://thepienews.com/news/uk-education-and-tne-exports-increased-to-21-4-billion-in-2017/
Teenager from London council estate wins £76,000 scholarship to Eton
A teenager from an east London council estate has won a £76,000 scholarship to Eton.Hasan Patel, who shares a two-bedroom council flat with his parents and two brothers in Leyton, will start at the prestigious private school in September.
The 16-year-old, who currently attends his local state school, George Mitchell School, is planning to study A-levels in history, geography, politics and drama. His family hopes he will secure a place at Oxford or Cambridge after sixth form.
Abdul Patel, the father of the teenager, said: “I never thought when I left India in 1972 that my son would end up going to the same school that the English royalty have been to.