" title="External link to: "(external) Guardian, September 18, 2007":http://education.guardian.co.uk/students/internationalstudents/story/0,,2171234,00.html?gusrc=rss&feed=11>" class="external">UK Education Brings Big Bucks to Britain
Education is a vital part of the UK economy, says Donald MacLeod in response to a report by the British Council. The report, compiled by Dr. Pamela Lenton of the University of Sheffield, reveals that the educational sector is worth more to the UK than financial services or the automotive industry. Home to world renowned universities and independent schools, the rising number of fee-paying international students at these institutions is crucial to British economic success. Student fees, together with high living costs in favored locations London and the South East amounted to a total income of £28 billion in 2003-2004. As Martin Davidson, chief executive of the British Council Education notes, education in Britain needs to be recognized as a global business.
