0844-824

New PWC report into creative industries shows that – Creative England

Pinewood StudiosPublished today, UK screen based industries: Powering ahead offers a well-timed insight into the significant opportunities and challenges facing the UK s creative industries. The report, (which can be downloaded here1) was commissioned by Pinewood Studios, produced by PWC and supported by Creative England, highlights the sector s current dilemma: whilst global demand is growing rapidly and offering avenues for significant growth, so are the numbers of nations actively beginning to expand their own creative economies.

Addressing key sector issues, Creative England s Chief Executive CAROLINE NORBURY said: ThisMultiPlatform timely report addresses a number of the key issues we simply must address if we are to maintain and grow the UK s creative industries. The key is to grow our own .

To do this, we need to address issues of infrastructure building on existing centres of excellence, like Pinewood, Elstree and Leavesden, whilst looking to strengthen existing creative businesses and clusters north of Watford. We need to up-our-game in terms of digital infrastructure too UK businesses cannot compete without major improvements to broadband .

She added, we also need to change the culture around investing in the creative sectors, whilst simultaneously finding new avenues to provide affordable access to finance*. We must retain our IP and learn to build big creative businesses founded on our big creative ideas.

We need to remember that SMEs are the key drivers for future economic growth.

Finally we need to remember that innovation is the key to remaining competitive, both structurally within businesses and with the products and services we produce.

Jump to Link in ArticlePinewood Chief Executive, IVAN DUNLEAVY said: This market analysis from PWC helps demonstrate that the UK needs to increase capacity if it is to capitalise on the predicted growth on offer in the screen based industries.

Inward investment continues to flow into the UK to take advantage of our facilities, talent, skills and technology but we need to grow to help accommodate it.

NICK GEORGE, Media Partner at PwC added: There is strong consumer appetite for Film, TV and Video Games (screen based media) in the UK; they are a key part of the media sector, with robust fundamentals, despite the changes in the media landscape brought on by digital .

* Read the five practical steps outlined in Creative Industries Council Access to Finance report2

References

  1. ^ here (www.creativeengland.co.uk)
  2. ^ Creative Industries Council Access to Finance report (www.creativeengland.co.uk)

UK high speed broadband plans given green light by EU | Creative …

The EU have today given the green light to the Government s plans to roll-out high speed broadband to every home and business in the UK.

The approval paves the way for the 530 million rural broadband scheme to start in earnest, meaning that work can commence laying the cables for local authority broadband projects, ensuring that the UK can have the best superfast broadband network in Europe.

Culture Secretary Maria Miller said: Finally getting the green light from Brussels will mean a huge boost for the British economy.

Superfast broadband is essential to creating growth, jobs and prosperity and the delay has caused frustration within Government. Today s announcement means that we can crack on with delivering broadband plans, boosting growth and jobs around the country.

Britain is in a global race today. To succeed in that race we must have the infrastructure to match our aspiration, providing people who work hard with the tools they need to get on and prosper; this green light will benefit both businesses and communities across the UK.

State aid approval means that local authorities can now sign procurement contracts with contractors and begin delivery work on their new broadband infrastructure projects.

Broadband Delivery UK (BDUK1), a unit within DCMS, has planned a pipeline of local authority projects which are currently going into procurement at a rate of approximately one a week.

See the progress of projects near you in these local broadband plans.2

References

  1. ^ BDUK (www.culture.gov.uk)
  2. ^ See the progress of projects near you in these local broadband plans. (docs.google.com)