Broadcast News

Bookmark and Share
05/02/2014

UK Creative Industries Generate £71.4 bn

News Image
The UK's creative industries contribute £71.4bn a year to the UK Economy, according to the Department for Culture Media & Sport (DCMS).
The government has said the Creative Economy accounted for 2.55 million jobs in 2012, or one in every 12 jobs in the UK.
Gross Value Add (GVA) of the Creative Industries was £71.4bn in 2012, accounting for 5.2% of the UK Economy. GVA of the Creative Industries has increased by 15.6% since 2008, according to the government.
Culture Secretary Maria Miller said: "Culture matters. That's why it holds a unique place in our hearts. It has a central place in shaping our national identity, and has an enormous impact on our global standing – our reputation as a place worth doing business with; our reputation as a place worth visiting; and our reputation as a place worth experiencing culture in its many varied forms. The reputation of UK culture equips us with a level of trust, soft power and influence to which other major countries can only aspire.
"It is our culture that underpins our creativity and our creativity which yields the results, which might well be technological developments, but can also make our hearts sing. 1.68 million people work in the UK's creative industries. These people contribute to a sector worth more than £70 billion last year and which grew faster than any other sector in the economy."
The DCMS report follows the launch of business lobby group the CBI's Creative Nation strategy, which begins by saying: "The creative industries are a central part of the UK's global appeal and underpin a thriving creative economy. The UK has the potential to cement our position as the world's leading creative hub provided we take steps now to build on existing progress and ensure that all underlying industries involved have the foundations in place for long–term success."
Tate Director Nicholas Serota said: "Maria Miller's belief that the arts enhance our understanding of ourselves, each other and the world at large is a welcome recognition of the central role that the arts now play in contemporary British life. She also makes a powerful argument for the arts to be an important part of a child's education alongside English, maths, history and science."
Creative Skillset's Chair Stewart Till commented: "We have always known the considerable and real contribution the Creative Industries make to the UK economy. Yesterday's report confirms this. At Creative Skillset we ensure world class training and development opportunities are available to individuals who aspire to work in the industry."
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

14/01/2014
UK Creative Industries Worth £71.4bn A Year
The UK’s creative industries are now worth £71.4bn per year to the UK economy, according to stats released today by the government. Britain's creativi
20/07/2004
Creative Industries Forum on Intellectual Property launched
A Government-led initiative to help the UK's creative industries has been launched by Arts Minister Estelle Morris and Science and Innovation Minister
20/09/2007
GLA Reports On Success Of Creative Industries In UK
Creative industries remain at the forefront of London's international reputation and are key to the capital's continuing economic success. This is the
05/11/2009
Creative Scotland Reveals Business Model
Creative Scotland 09 has unveiled its eagerly anticipated business model, setting out the structure and operational design of the new cultural develop
20/07/2011
NI Focuses On Film, TV And Animation
A Stormont Minister is encouraging local firms to 'get creative' as new innovation fund is launched. The first round of awards will focus on digital c
08/11/2022
AE Live Appoints Creative Director To Lead Its Ignite Creative Arm In The UK
AE Live has appointed Andrew Olley as Creative Director of the UK branch of the company's Ignite agency . He will be responsible for identifying new b
28/09/2010
Endemol Builds Creative Board
A world leader in entertainment programming, Endemol, has announced a series of changes within its senior creative team including the creation of a ne
08/06/2010
UK Film Industry Substantial, Report Says
The UK film industry contributes a total of over £4.5 billion a year to UK GDP and more than £1.2 billion to the Exchequer, according to an independen
03/10/2023
BBC Film Helps Support UK Producers
BBC Film has announced two new opportunities to help support UK producing talent and address under-representation in the UK production sector. The Ass
21/09/2023
A+E Networks Announces UK Launch Of Its FAST Channels
A+E Networks EMEA has announced the UK launch of its three free ad-supported TV (FAST) channels on Rakuten TV, one of the leading streaming platforms
08/09/2023
Synthax Audio UK Appoints Head Of Sales & Marketing
Synthax Audio UK has appointed Neil Johnston to the position of Head of Sales and Marketing. With over 20 years of experience in the Pro Audio industr
19/08/2014
SMPTE's Solid UK Foundation
The SMPTE UK Section was reformed in 2012, and since that time it has become well-established not only in London, but across the country. Membership h
24/07/2007
Film Industry Contribution To UK GDP Up 39% In 2006
The UK film industry contributed £4.3 billion to UK GDP in 2006, up from £3.1 billion in 2004, a 39% increase in two years according to an independent
08/07/2013
Campaign Calls For Fairer Internships
Creative Skillset says more employers must adopt fair approaches to the way they recruit and pay interns. A new campaign is calling on employers to "i
21/05/2015
Creative Skillset Cymru Project Adds £9m To Economy
A project led by Creative Skillset Cymru to boost the creative industries in West Wales, North West Wales and the South Wales Valleys has helped to ge