The Value of the UK Creative Sector | IPT
Chair: Baroness Merron, Opposition Spokesperson for Digital, Culture, Media and Sport
Speaker: Professor Thomas Betteridge, Dean of College of Business, Arts and Social Sciences, Brunel University
Speaker: Ralph Lee, CEO, BBC Studios Productions
Breakfast Meeting

Date:

Wednesday 06 July 2022

Venue:

House of Commons

Start Time:

08:30

End Time:

09:30

In 2019, the Department for Digital, Culture, Media, and Sport (DCMS) estimated that the creative industries contributed £115.9bn, accounting for 5.9% of the UK economy. Between 2010 and 2019 the gross value added to the sector had increased by 43.6% and grew faster than any other sector of the economy. In 2019, there were over 2.1m people employed in the creative industries in the UK, however according to DCMS the pandemic presented the ‘biggest threat to the UK’s cultural infrastructure, institutions and workforce in a generation’. In the October 2021 Budget, the Treasury implemented three tax relief benefits for theaters, orchestras and museums and galleries. Councils invest over £2bn annually in culture, leisure and related services and a number of reports have called for culture to play a key role in the levelling up agenda. As the sector moves beyond COVID, how can the UK harness local creative talent and businesses?

This event will

  • Discuss what role the culture and creative sector can play in levelling up the UK and how.
  • Explore what role digital platforms and technologies could play in reinvigorating interest in cultural institutions
  • Examine how to continue building the UK as a global culture and creative destination for visitors, investors, and employers.