Describe the benefits to the UK economy of hosting multinationals.

You must describe at least 2 benefits to gain full marks.

1 mark for each valid description

1 mark for each valid development

A model answer could look something like this:

Profitable MNC’s can be a significant source of tax revenue for the UK (1). This includes corporate taxes on profits, as well as indirect contributions through employee income taxes, which can increase the fiscal health of the UK government and enable more public spending (1).

MNC’s provide significant job opportunities in the UK (1). These jobs often come with comprehensive training programs, enhancing the skills of the local workforce beyond what might be available in domestic firms (1).