September 27, 2017

The UK’s booming creative industries could be worth £128.4 billion to the UK economy by 2025 and help to create up to 1 million new jobs by 2030, according to an independent review of the sector commissioned by the Government and led by the current Chair of ITV, Sir Peter Bazelgette.

The review outlines key recommendations for how the creative industries can underpin the UK’s future economic growth. It highlights how the sector is continuing to outperform other sectors in terms of employment, having already grown 300,000 jobs between 2011 and 2015.

The review makes a number of recommendations on how the Government and the creative industries can work together to remove barriers to growth. It spans issues from access to finance, intellectual property, trade and creative clusters, all areas with high concentrations of ambitious companies who will drive regional growth.

It recommends developing a strategy to attract and develop young talent to make the creative industries more accessible, including a careers programme for secondary schools and expanding the UK’s network of Saturday Clubs.

The review’s recommendations will now be considered carefully by the Government as part of its Industrial Strategy, and used to inform work towards a sector deal in the coming months. In response the Government has already announced the opening of the £80 million Creative Industries Clusters Programme competition, led by the Arts and Humanities Research Council (AHRC). To read the DCMS press release in full and for a link to the review, click here.