Economy of Luton

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Hangar 89, EasyJet headquarters
Griffin House, former headquarters of Vauxhall Motors

Over the centuries, due to technological and economic change,

London Luton Airport
.

Automotive

Luton has a long history of automotive manufacturing. Many firms have used Luton as a base for production including Commer, Marcos Engineering and General Motors.

D-Day
.

During the 1960s the factory in Luton employed 37,000 people but from the end of the 1960s production and employment in the town was reduced, due to advances in production methods, as well as the opening of a second Vauxhall factory at Ellesmere Port in Cheshire, and the fact that General Motors was importing Vauxhall-badged cars from its West German Opel factories from them in the 1970s, as well as a new factory in Spain from 1982, as part of the integration of its Vauxhall and Opel ranges.

In 2000 the company announced that car production would end and the factory finally closed in March 2002, leaving the

Citroen Jumpy vans.[2]

Principal employers

According to the Luton Borough Council,[3] the principal employers in the town are:

# Employer # of Employees
1 Luton Borough Council 8,000+
2 Luton and Dunstable University Hospital NHS Foundation Trust 4,000+
3
Aircraft Service International Group
 1,000–1,999
3 Carlisle Security Services 1,000–1,999
5 EasyJet 1,000–1,999
6 Menzies Aviation 1,000–1,999
7 Randstad 1,000–1,999
8 TUI 1,000–1,999
9 University of Bedfordshire 1,000–1,999

Trends

This table shows regional gross value added of Luton at current basic prices published[4] with figures in millions of British Pounds Sterling.

Year Regional Gross Value Added [note 1] Agriculture [note 2] Industry [note 3] Services [note 4]
1995 2,067 1 902 1,165
2000 2,614 1 850 1,763
2003 3,090 1 811 2,278

Notes

  1. ^ components may not sum to totals due to rounding
  2. ^ includes hunting and forestry
  3. ^ includes energy and construction
  4. ^ includes financial intermediation services indirectly measured

References

  1. ^ History of Vauxhall in Luton
  2. Telegraph.co.uk. Telegraph Media Group
    . Retrieved 28 May 2009.
  3. ^ "Major Employers in Luton 2014" (PDF). Archived from the original (PDF) on 6 February 2016. Retrieved 10 February 2019.
  4. ^ Office for National Statistics economy figures Archived 1 December 2007 at the Wayback Machine (pp. 240–253) by Office for National Statistics
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