Arts & culture contribute £11.8bn to UK economy

New research highlights the interplay between the arts and the creative industries, at a time when ministerial responsibility for the two sectors has been separated by the DCMS. The significant contribution arts and culture make to the UK economy, and the role they play supporting the commercial creative industries, have been highlighted by two new reports. New analysis reveals the arts and culture industry grew by 10% in 2015 – five times faster than the UK economy as a whole – and now contribute £11.8bn.

The figures come from an updated study by the Centre for Economic and Business Research (Cebr), and go hand-in-hand with a new report by SDG which explores the role of arts and culture in supporting the creative industries. The publication of the two reports follows a move by the DCMS to separate ministerial responsibility for the arts from the creative industries, and the assignment of the arts portfolio to a more junior minister.

Based on five case studies from across England, the SDG report identifies several ways in which arts and culture supports growth in the creative industries, including the two-way movement of individuals between the sectors, and the arts as a producer of inputs to the creative industries. It shares the examples of video games companies drawing on intellectual property produced by artists; film and TV companies working closely with musicians and composers; and architects engaging artists to help create an identity for buildings and spaces. Read more at the link below.

(Source: Arts Professional)

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