Creative and cultural industries growth surge
New DCMS figures show 4.4% rise in culture to 2016
The UK’s creative industries made a record contribution to the economy in 2016, according to new figures from the Department for Digital, Media, Culture and Sport (DCMS)
Advertising and marketing, arts and film, TV and radio, and museums and galleries sectors are worth almost £92bn in 2016, compared to £85bn twelve months earlier. The DCMS says the sector overall is growing at twice the rate of the rest of the UK economy and now makes up more than five per cent of the UK economy’s GVA. Much of the increase has been driven by a boom in the computer services sub-sector, says the department.
Within that figure, the value of the cultural sector has grown from £25.6bn to £26.8bn, an increase of 4.4% in a year and of 27% since 2010. Nearly three fifths (59.1%) of the Cultural Sector GVA was in the Film, TV and music sub-sector, where GVA increased by 5.5 per cent between 2015 and 2016, and 23.9 per cent since 2010.
Secretary of State for Digital, Culture, Media and Sport Karen Bradley said: "Britain’s creative industries play an essential role shaping how we are seen around the world but as these new statistics show they are also a vital part of the economy. The sector is now one of our fastest growing industries and continues to outperform the wider UK economy. This is a testament to the talent and drive of its workforce and we are working closely with them to make sure this fantastic success continues.”
John Kampfner, chief executive of the Creative Industries Federation, said, "This incredible rate of success in the run-up to the EU referendum shows the sector’s ability to deliver growth across the UK. But it also shows the importance of taking action to protect our sector from the looming threats of Brexit and widening skills gaps. The Federation will continue to argue for the policies needed to deliver the best possible results across the UK. We will hold government to account as Brexit negotiations continue and the industrial strategy takes further shape. "