International students in London contribute a net benefit of £2.3 billion to the UK economy every year, a study says
The report by business membership organisation London First and accountancy firm PricewaterhouseCoopers says that students should be classified as temporary visitors and not migrants, warning that the current inclusion of learners in migration targets gives the impression that they are unwelcome.
It calculates that the economic contribution made by international students based in the capital totals £2.8 billion per annum, made up of £1.32 billion in tuition fees, £1.36 billion in subsistence spending, and £121 million through “visitor” spending.
