On Sunday 24 October, the UK Government published its Invest 2035 green paper, setting out its ambition for a modern industrial strategy. An open consultation was published alongside the green paper inviting stakeholders to submit views to inform the development of the industrial strategy.
The creative industries are identified as one of eight growth-driving sectors that will form the basis of the strategy. The UK Government will prioritise subsectors within these eight sectors, particularly those that meet its ‘high growth potential’ criteria and where there is evidence that policy can address barriers to growth.
Creative UK is in the process of drafting its response to the consultation, which closes on the 24 November 2024. Creative UK will respond underscoring the fact that the breadth of the cultural and creative industries contributes to a broader ecosystem that demands acknowledgement and dedicated funding and finance models with UK Government industrial and fiscal strategy frameworks.
This briefing outlines what Creative UK considers essential, cross-cutting considerations which you’re encouraged to include in your submission to the consultation. Doing so would support efforts to support the creative sector at large to speak with one voice, effectively and coherently setting out our role in the UK’s growth strategy and cementing our position within considerations by both HM Treasury (HMT) and the Department for Business & Trade (DBT) that we, collectively, need significant support for sustainable growth of the whole creative sector.
To read the full briefing, click the link below.