Creative industries 'putting in £10m an hour'

New figures unveiled by the government show that the creative industries are now worth £84.1 billion per year to the UK economy – the equivalent of £10million an hour.

British films, music, video games, crafts and publishing were identified by the government as being particularly strong, and were credited with leading the economic contribution.

Published by the Department for Culture, Media & Sport, the figures also show that the creative industry is growing almost twice the rate of the wider UK economy.

“Our creative industries are well and truly thriving and we are determined to ensure its continued growth and success,” said culture minister Ed Vaizey, potentially alluding to more support in Budget 2016.

He added: “Government continues to create the right environment for creative industries to thrive, through tax reliefs, inward investment, and safeguarding music and cultural education programmes.”

The pipeline for UK creativity looks healthy too, with the next instalment of Poldark; the new album from Radiohead; and the film adaptation of Roald Dahl’s The BFG all still to come in 2016.

Mar 9, 2016
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