News roundup--Facebook supports 32,500 UK jobs, more

The Yorkshire section of the BusinessDesk.com site talks to Nick Glynne of Buy It Direct about the company’s new Bambino Direct arm.

A new study by Deloitte says Facebook added more than £2.17 billion to the UK economy and supported 35,200 jobs in 2011. The report suggests that Facebook has a £1.14 billion impact through what it terms “business participation effects”. These include commercial Facebook pages for companies to promote their brand, raise awareness, advertise and generate new business. This “business participation” enabled by Facebook supports 18,400 jobs in the UK, says Deloitte.