This week, bp launched their 2025 UK Economic Impact Report – an independent assessment by Oxford Economics of bp’s contribution to the UK economy. 

bp has been part of the UK for more than a century, and their role in the economy remains significant. This latest report sets out what the company's economic impact looks like today – through the jobs they support, the economic value they contribute, and the businesses and supply chains that connect them to customers across the country.  

2025 highlights include: 

• bp supported an estimated 63,000 jobs nationally, directly and through the supply chain. In total, that equates to 1 in every 540 UK jobs. 
• The company spent a total of ~£4.1 billion with more than 2,600 companies in their supply chain, based in all nations and regions of the UK.  
• bp's contribution to national GDP was ~£10.8 billion. 

bp's impact extends far beyond their own operations. Thousands of businesses across the UK play a vital role in helping the company as they work to deliver energy reliably, while supporting skilled jobs and economic activity in communities nationwide.  

In 2025, bp directly: 

• Generated a £7.0 billion gross value added (GVA) contribution to UK GDP, or £1 in every £430 of UK GDP. 
• Employed 13,962 people.
• Paid and collected £3.4 billion in tax to the UK government.

bp’s direct GVA rivalled that of entire industries of the UK economy. 

bp’s spending with UK suppliers in 2025 

bp’s spending consists of operational spending, as well as capital expenditure. 

Of the estimated £4.1 billion bp spent with suppliers in the UK:

• £3.3 billion was with 2,600 suppliers of goods and services, which relates to ongoing business operations. 
• £850 million was with 510 suppliers of capital goods and services, which represents investment in bp’s production facilities and other assets.

Access the full report   l   KeyFacts Energy: bp UK country profile