[OFFICIAL]
Table 3:2 Summary of Construction Impacts
Scale of impact
Peak Construction Employment
2,200
Direct Jobs (annual average)
1,220
2017 to date
Total Indirect and Induced FTEs 30
2,800
GVA (direct, indirect 31 )
£2.45 billion
Direct GVA within YH and NE
£1.94 billion
Peak Construction Employment
2,650
Indirect and Induced Jobs (annual average one-year jobs)
4,260
Future to completion
Total Indirect and Induced FTEs 32
2,840
GVA (direct, indirect)
£4.30 billion
GVA (direct, indirect and induced)
£4.50 billion
Direct GVA within YH and NE
£3.44 billion
Peak Construction Employment
2,650
Direct Jobs (Annual Average)
1,350
Indirect and Induced Jobs (annual average one-year jobs)
Total over construction period
3,600
Indirect and Induced Jobs Total FTEs
5,640
GVA (direct, indirect)
£6.75 billion
Direct GVA within YH and NE 33
£5.38 billion
30 10 person years of employment – equivalent to 1 full time permanent job 31 Note that induced GVA has not been modelled for past delivery 32 10 person years of employment – equivalent to 1 full time permanent job 33 Based on projections of past supply chain trends
Quod | Woodsmith Project | Economic Impact Report | March 2026
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