Gatwick Airport | regional economy

Regional economy

Gatwick is a major driver of economic growth in the surrounding region

Gatwick offers a major economic contribution to the UK and nowhere is this felt more than in the area around the airport. By delivering £2.7 billion of economic activity and 71,000 direct and indirect jobs in the local region, it is widely regarded as the single biggest driver of economic growth in the region. 

In terms of a direct contribution to the regional economy, in 2018 Gatwick spent £128.1m with local and regional suppliers (in BN, CR, KT, RH and TN postcodes) and a range of initiatives are in place to provide opportunities for local businesses to supply Gatwick and on-airport organisations. 

For example, in 2019 Gatwick partnered with the Federation of Small Businesses to deliver an Understanding Gatwick Airport Procurement seminar for a number of local businesses. After deliverinng our Meet the Buyer Programme for the last 18 years, we are currently reviewing this to make sure that it continues to provide the best opportunities for business/supplier engagement. We have also worked with our four surrounding counties to deliver an initiative called Meet the Local Producer which connected local food and drink producers with companies across the airport supply chain. 

Gatwick is also helping local businesses access global opportunities and in 2019, the airport partnered with the Department for International Trade to launch a competition to help local businesses attend global trade exhibitions. Winning businesses were given funding to cover costs to attend their chosen international trade exhibitions, with the DIT providing information on international business opportunities and one-on-one meetings with experienced International Trade Advisers (ITAs). 

Two studies on the impact of Gatwick regionally. The first was to understand the The economic impact of Gatwick Airport. he second study published in July 2017 was the Gatwick Growth Board connectivity study which identified the priorities and case for transport investment in schemes benefitting both Gatwick Airport and the wider region. 

Business groups

We support local businesses through event sponsorship, employee involvement and membership of key regional business groups and organisations such as Gatwick Diamond Business: the Chambers of Commerce (Crawley and Gatwick, Sussex and Surrey and Kent); and the Federation of Small Businesses (FSB).

We work in partnership with local authorities and regional partnerships such as the Coast to Capital Local Enterprise PartnershipDevelop CroydonGatwick Diamond Initiative, and Greater Brighton Economic Board to identify and address economic priorities.

We support a range of local business and regional economic events and activities, which bring local businesses and local economic partners together to debate and support growth and success in the region, for example:

Gatwick Diamond Economic Summit 2019  
Coast 2 Capital 
Develop Croydon