NEC Group generates £2bn for local economy

The NEC Group’s four venues generate more than £2bn annually for the West Midlands, according to a KPMG study. Total annual delegate expenditure directly attributed to events held at the National Exhibition Centre, NEC Arena in Solihull, National Indoor Arena and Birmingham’s is estimated at £2.05bn. The survey, carried out from April 2007 to March 2008 by auditor and tax advisor KPMG, also found that 70% of visitors to the NEC Group’s venues came from outside the West Midlands, and that the group supports 28,800 full-time equivalent jobs. The results are up significantly on the previous KPMG survey, carried out in 2004. It found that the group generated £1.3bn for the local economy and supported 22,000 jobs. NEC Group chief executive Paul Thandi said: “To have it confirmed by KPMG that our impact has grown so significantly serves only to reinforce how important it is that the NEC Group remains competitive and successful in the future.”

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Why venue choice is crucial for a creative event

Why venue choice is crucial for a creative event

Cultural locations can give a conference an extra infusion of creativity says Southbank Centre's Ali Gannagé-Stewart.

Typhoon in Tokyo: An event planner's experience

Typhoon in Tokyo: An event planner's experience

The arrival of Typhoon Hagibis after a week-long event in Japan required serious crisis planning by TAG's UK director of events.

Freeman appoints new executive producer

Freeman appoints new executive producer

The brand experience agency continues to expand its EMEA production team in London.

What's new at IBTM World 2019

What's new at IBTM World 2019

David Thompson, event director for IBTM World, talks about what's being planned this year in Barcelona.

Experience12 hires new account manager

Experience12 hires new account manager

Holly Carters joins from MediaCom where she worked with clients including Coca-Cola and Peugeot.

My Dream Event: no phones, Disney raps and Not Giving a F*ck

My Dream Event: no phones, Disney raps and Not Giving a F*ck

Hannah Spurdle, account manager at GOTO Events, would have her guests celebrating until the early hours.

What made Belfast the Best Events Destination of 2019?

What made Belfast the Best Events Destination of 2019?

Visit Belfast took home a C&IT Award in a year full of accolades, development and economic growth.

ICC Sydney: More Than a Venue

BCD M&E acquires L37 Creative

BCD M&E acquires L37 Creative

Acquisition of Chicago-based event production agency will strengthen BCD M&E's US capabilities.

England Rugby's head coach reveals how long meetings should actually be

England Rugby's head coach reveals how long meetings should actually be

Eddie Jones explains why shorter meetings with clear messages are a winning formula in sport and business.

LATEST JOBS