2.7.1_main_economicImpact_460

Economic impact

Our business contributes to both local and national economies in Great Britain. We pay taxes, provide employment, work with local suppliers and invest in the communities where we operate.

Our business contributes to both local and national economies in Great Britain. We pay taxes, provide employment, work with local suppliers and invest in the communities where we operate.

Of the economic value we create and reinvest in the local community:

  • Over 50% is directed to suppliers of raw materials, packaging and other goods and services
  • Over 96% of these suppliers are based in Great Britain
  • Over 18% is investment in our employees, via salaries, pension contributions and other benefits
  • Over 5% we return to the government in the form of taxation

This emphasises the importance of our suppliers to our business as well as the role we play in supporting and sustaining jobs across our supply chain.

Distribution of cash value

  • Suppliers:  (68.1%) - including the purchase of energy, raw materials, packaging, ingredients and other goods and services. 96% of our suppliers are based in Great Britain
  • National and local government taxes: (5.9%) - including Corporation Tax, National Insurance as well as our contractual obligations
  • Employees: (18.9%) - including money paid in the form of wages, pension contributions and other employee benefits
  • Capital investment: (7.1%) - investment in major capital projects during 2008 including the introduction of the aseptic line at Sidcup and the Edmonton ASRS high-rise warehouse
  • Creditors and lenders: (0.1%) - including financial charges and interest payments
  • Community investment: (0.1%) - investment in activities in the local communities in which we operate. This includes our three Education Centres, the Minute Maid Schools Cup and numerous local community sponsorships and charity donations. There are also numerous local community sponsorships and charitable donations, such as the East Kilbride Diet Coke Half Marathon and our support for Special Olympics Great Britain