Economic data

Economic growth is central to economic development.  We are a company that develops economic value and a positive benefit for the economies in which we operate.

We are at the center of many transactions and financial flows in the UK and overseas. This data gives you an example of how much we believe we flow through the economy.

Area of funding

2012

2013

2014

2015

2016

Further information

*

Previous data included our business in France. We sold this business in Q2 2015.

Taxation

The total taxes borne and collected and paid to UK and overseas governments as a result of us doing business.

£660m

£877m

£794m

£947m

£1.151

Read more in our annual report and accounts 2016.

Investment

The amount of investment going into businesses on behalf of customers.

£406bn

£450bn

£708.5bn

£746.1bn

£894bn

Our good governance programme provides more details of how we use this influence to improve others environmental, social and governance performance.

Commercial property investment

The amount we invest on behalf of our clients via our property business. We're the third biggest UK commercial property landlord.

£10.4bn

£11bn

£13.56bn

£15bn

£23.2bn

Read more about our work in our Real Assets business.

Employment

The total net salaries we pay our UK employees, which is spent on products and services in the economy.

£238m

£289m

£285m

£298m

£273m

Read more about the contribution that our people make to our customers and business in our our employees section.

Procurement

The amount that we spend with suppliers to run our businesses in the UK.

£446m

£504m

£527m

£567m

£586m

Read more in our sustainable supply chain data section.

As an investment for our shareholders

The amount in dividends we paid to our shareholders during the year.

£394m

£479m

£580m

£701m

£830m

Read more in our annual report and accounts about our dividend policy and approach.

Being there for our customers

The total amount paid out to our customers through insurance claims, pensions, life assurance and group protection payments.

£2.19bn

£2.28bn

£2.31bn

£2.69bn

£2.87bn

Read more in our product performance section.

Contributions to local communities

We actively contribute to the Third and not-for-profit sectors in the UK, Netherlands and the US businesses.*

£3.8m

£4m

£4.2m

£3.2m

£3.4m

Read more about how we did this in our community section.

Amount Invested in Social Investments

n/a

n/a

£280k

£100k

£100k

 

Amount of Balance Sheet in Direct Investments designed to stimulate Society and the Economy for the long term

n/a

£2.9bn

£5.7bn

£7bn

£10bn