To ask Her Majesty's Government what assessment they have made of the value to the economy of the creative arts industry.
Answered on
8 November 2021
The creative industries contributed approximately £116 billion to the economy in 2019, accounting for 5.9% of the UK’s GVA. They also employed 2.1 million people across the UK which accounts for 6.3% of the UK’s workforce. The music, performing and visual arts sub-sector of the creative industries contributed almost £11 billion in GVA and 315,000 jobs in 2019.
The creative sector’s value was recognised in the Government’s Plan for Growth, which highlighted the creative industries as key to the economic recovery and powering future growth, levelling up and exports. The Government has again recognised the importance of the creative industries to the economy at the Spending Review, with a further investment of £42 million to support growth across the country.