[OFFICIAL]
Table 6:1 Impact to Date
Scale of impact
Peak Construction Employment
2,200
Direct Jobs (annual average)
1,220
Indirect and Induced Jobs (annual average one-year jobs)
3,110
2017 to date
Indirect and Induced Jobs (one-year jobs)
28,000
Total Indirect and Induced FTEs
2,800
GVA (direct, indirect 36 )
£2.45bn
Direct GVA within YH and NE
£1.94bn
Table 6:2 Summary of Future Impacts
Scale of impact
Peak Construction Employment
2,650
Direct Jobs (annual average)
1,530
Indirect and Induced Jobs (annual average one-year jobs)
4,260
Indirect and Induced Jobs (total one-year jobs)
28,410
Construction
Total Indirect and Induced FTEs
2,841
GVA (over the construction period)
£4.5 billion
Employment multiplier (Type II)
3.78
GVA multiplier (Type II)
2.09
Direct Jobs
1,150
Indirect and Induced Jobs
3,830
Direct Gross Value Added per Year
£1.7 billion
Effect on Balance of Payment
£2.3 billion (up to 10% reduction)
Operation
Employment multiplier (Type II)
4.33
GVA multiplier (Type II)
1.194
36 Induced GVA has not been modelled for actual construction data
Quod | Woodsmith Project | Economic Impact Report | March 2026
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