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Creative Industries Sector Deal


March 28, 2018

Creative Industries Sector Deal launched today: “this deal will invest more than £150m across the lifecycle of creative businesses including: the places of the future by funding leading creative clusters to compete globally; the technologies and content of the future via research into augmented reality and virtual reality; and the creative skills of the future via a careers programme that will open up creative jobs to people of every background”


The headlines:

  • More than £150 million will be jointly invested by government and industry to help the country’s world-leading cultural and creative businesses thrive as part of landmark Sector Deal
  • Britain’s creative industries are worth £92 billion, employ 2 million people and are growing twice as fast as the rest of the economy
  • New Cultural Development Fund will see cities and towns have access to £20 million to invest in culture and creative industries
  • Plans to nurture and develop the next generation of creatives include industry-led careers programme and a new London Screen Academy

Find out more here.

Read the report here.