PLYMOUTH’S STUDENTS’ ARE GOOD FOR THE ECONOMY
THE city’s £305 million-a-year student sector is vital to the local economy and now arguably the largest employer in the city, says the chief executive of Clever Student Lets, Henry Hutchins.
Mr Hutchins, said: “The dramatic change the student economy has made in the heart of city centre where rows of shops lay empty for years, are now full, with students spending large amounts of money in them.”
“We’re talking an exciting regeneration, cultural revolution, and a major transformation of Plymouth not seen since the blitz of the city in 1941, with new builds springing up across the city,” he said.
Clever Student Lets carried out Devon’s first ever research into the student economy with Santander Bank and the University of Plymouth, looking at the impact the multi-million sector has on Plymouth’s economy.
More of the story features in the ‘Chamber Profile’ magazine distributed by the Devon Chamber of Commerce.