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The UK environmental goods and services industry is strong, well established and diverse, employing approximately 400,000 people in around 17,000 companies, with an estimated annual turnover of £25 billion. A joint DTI/Defra report published in November 2006 estimated that this turnover would increase to more than £34 billion by 2010 and £46 billion by 2015. Although the Government have not produced forecasts for employment in each of the next five years, my right hon. Friend the Chancellor of the Exchequer has estimated that over 100,000 new jobs could be created in the sector over the next 10 years.