U.K. Maritime Services Seen Employing 635,000 People

(Corrects organization that published the report in first paragraph.)

The U.K.’s ports, shipping and maritime services industries employ 635,000 people, contributing 8.45 billion pounds ($13.71 billion) in tax revenues, according to a study for Maritime U.K.

Maritime businesses generated 31.73 billion pounds, equivalent to 2.1 percent of the total economy, more than the restaurant and mobile food, and the civil engineering sectors in 2011, according to the study by Oxford Economics, an Oxford, U.K.-based forecaster.

To contact the reporter on this story: Michelle Wiese Bockmann in London at mwiesebockma@bloomberg.net

To contact the editor responsible for this story: Alaric Nightingale at anightingal1@bloomberg.net

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