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Monday, 25th June 2007

Staying ahead: the economic performance of the UK’s creative industries

Staying ahead: the economic performance of the UK’s creative industries
Source: The Work Foundation
From press release:

The value of Britain’s flourishing creative industries to the economy is now broadly comparable to that of the financial services sector, a new report says today. But without careful policy-making, targeted public investment and a supportive institutional architecture, the flow of creativity worth commercialising may begin to slow, it warns.

Commissioned by the Department of Culture Media and Sport, the independent report analyses the nature, role and scope of the creative industries in Britain, declaring the creative economy to be a ‘great unsung success story’, employing 1.8 million people (one million directly), and generating more ‘cultural goods’ for export (worth $8.5 billion in 2002) than any other nation in the world.

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