Standards contribute £8.2 billion to UK economy

A new study released today reveals the economic contribution of standards to the UK economy and businesses.

The research finds that standards boost UK productivity and improve performance, kick-start innovation, and support UK domestic and international trade.

The report analyses the macroeconomic and microeconomic impact of BSI’s consensus based voluntary standards across the UK economy. It concludes that they are a vital part of the strength of UK industry and play a crucial and often invisible role in supporting economic growth.

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