UK to Issue 10-Year Industrial Strategy Aimed at Boosting Growth
- The UK Government plans to invest £380 million in the creative industries to solidify the country's position as a creative superpower, as announced by Culture Secretary Lisa Nandy.
- The investment includes £75 million for the film industry, £30 million for gaming start-ups, and £30 million for the music industry, supporting various projects.
- Business Secretary Jonathan Reynolds stated that the UK's creative industries are world-leading and essential for economic growth.
- The funding includes £25 million for research into cutting-edge technologies, including virtual avatars, while Lisa Nandy stated that the investment aims to boost regional growth, stimulate private investment, and create thousands more high-quality jobs.
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37 Articles
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Creative industries to get £380m boost ahead of industrial strategy launch
The investment was announced by Culture Secretary Lisa Nandy.
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