The answer is a most definite yes. The reason is called "the multiplier effect". We currently employ 550 people. Over 85% of our staff live within a 15 mile radius of the Estate. This is hardly surprising bearing in mind the high cost of road fuel. Nowadays people cannot afford to travel long distances to go to work.

• Our monthly wage bill is around £1,000,000 - £12,000,000 per year. This makes us one of, or probably the largest, employer in the Harrogate, York and Wetherby area.
• Each year we spend a further amount of around £12,000,000 on "consumables" to run the Estate on a day-to-day basis.
• Dependent on what capital development is happening we spend a further £5-£10,000,000 on capital development each year. It is our policy to always choose local suppliers wherever possible.
• Thus you can see we pump into the local economy around £30,000,000 per year.

Traditional country type employment has consistently fallen over the years. This is particularly true in agriculture.

The Multiplier Effect
"One person’s spending is another’s income" - and this can lead to a much bigger improvement to local wealth and local employment. Consider our current capital development investment - the Genesis Centre, the Phoenix Centre plus other smaller facilities and resources coupled with our normal annual expenditure. Our normal annual expenditure is £30m.This will set off a chain reaction of increases in expenditures. Firms who produce the capital goods that are purchased will experience an increase in their incomes and profits. Staff have salaries they spend. If they in turn, collectively spend about 3/5 of that additional income, then £18m will be added to the incomes of others. At this point, total income has grown by (£30m + (0.6 x £30m). The sum will continue to increase as the producers of the additional goods and services realise an increase in their incomes, of which they in turn spend 60% on even more goods and services. The increase in total income will then be (£30m + (0.6 x £30m) + (0.6 x £18m). The process can continue indefinitely. But each time, the additional rise in spending and income is a fraction of the previous addition to the circular flow. Multiplier effects can be seen when new investment and jobs are attracted into a particular town, city or region. The final increase in output and employment can be far greater than the initial injection of demand because of the inter-relationships within the circular flow.

The "multiplier effect" means in essence that due to the very existence of the Estate, the business and the School, we effectively mean more than £100m is circulating per year in the local economy, helping ensure the local area stays financially healthy and strong. Remember this is not a "one off" this is EVERY year. We do not know of any other local business which has such a large positive impact on the financial health of the local economy year in year out.

And Nationally?
We pay around £2,000,000 a year in tax! So yes we support Central Government which spends taxes on services that benefit everyone.