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Creative industries get budget boost including £26m for National Theatre
Chancellor also announces tax relief measures to encourage film-makers to shoot more movies in Britain
Dana Strong, the chief executive of Sky Group, said she was “delighted” that the government was “providing vital tax relief to enable the UK’s world-class film and TV production sector to continue to thrive”. “Today’s announcement brings confidence to the sector, unlocking job opportunities whilst providing a stable foundation for the investments of tomorrow in the UK, such as our proposal for Sky Studios Elstree North and the filming of NBCUniversal’s Jurassic 4,” she said. “The sector has reached a critical point and this intervention will provide a lifeline to indie film producers by allowing them to access funding which will attract key creative talent and in turn give them the ability to recoup their initial investment,” said John McVay, the chief executive of Pact.
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