New figures published today reveal that the UK’s Creative Industries are now worth £84.1 billion per year to the UK economy and employ 2.5 million people.
The UK’s creative industries are now worth a record £84.1 billion to the UK economy, figures published today reveal.
British films, music, video games, crafts and publishing are taking a lead role in driving the UK’s economic recovery, according to the latest Government statistics.
The figures show the sector growing at almost twice the rate of the wider UK economy – generating £9.6million per hour.
This success is set to last, with a strong line-up of British talent and creativity in 2017 promising yet another blockbuster year ahead.
Minister for Culture Ed Vaizey said:
“The creative industries are one of the UK’s greatest success stories, with British musicians, artists, fashion brands and films immediately recognisable in nations across the globe. Growing at almost twice the rate of the wider economy and worth a staggering £84 billion a year, our Creative Industries are well and truly thriving and we are determined to ensure its continued growth and success.”
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 creative industries employ 11.4 million people in the EU, accounting for 5 per cent of the EU workforce. Sweden has the highest proportion of its workforce employed in the creative industries (8.9 per cent), followed by Finland (8.2 per cent) and the UK (7.6 per cent). The country with the highest number of creative industry workers is Germany (which has the largest total workforce in the EU), followed by the UK and France.
The UK accounts for 14 per cent of the total EU workforce, but a fifth (21 per cent) of all creative industry jobs. Employment in the UK’s creative industries grew three times faster in the UK than in the EU as a whole: 6.1% per annum on average vs. 1.8% per annum.
Michael Jacobsen interviews Ged Doherty: former Sony Music Chairman, current Brit Awards Chairman and Co-Founder of Raindog Films.
Michael Jacobsen interviews Sally Greene: Entertainment impresario.
Michael Jacobsen interviews British media personality and entrepreneur Angie Greaves.
Angie is one of the UK’s most celebrated radio hosts and afternoon show on Magic FM is among London’s highest rated. She also empowers thousands more through her wellness and lifestyle portal Angiegreaves.com
Lohan Presencer – The Ministry of Sound
Michael Jacobsen interviews International Best selling Author Jeffrey Archer about his career, his creative investments and his 2017 release ‘Tell Tale’.
Michael Jacobsen interviews Tristan Baker.
Tristan Baker Productions is an Olivier Award winning independent theatrical production and management company based in London, UK.
Entrepreneurialism, Business, Start-Up and Business growth
Many creative sector entrepreneurs do not know how to fully commercialise their creative skills and fear that in doing so they will damage their ‘art’.
We aspire to combine business with creativity so creatives can use their skills, do what they love, and make a living.
Moreover, the investment community do not always see the creative sector as a serious investment target.
Through helping to elevate creative entrepreneurs, we aim to lead by example and show investors the viability of the sector for investment and the reasons why creatives must be supported through investment.
This is achieved by: