Report: Creative biz key to U.K. economy
EmptyLONDON -- U.K. creative industries are worth £4 billion ($8 billion) a year in exports, according to research published Monday by the Department of Culture, Media and Sport.
The research, carried out by independent body the Work Foundation, found that the U.K.'s 13 so-called creative sectors -- which include advertising, publishing, radio, television, film, computer services and computer games -- represent about 7.3% of the U.K. economy's annual revenue.
Other sectors covered by the report include architecture, design, music, software, designer fashion, the performing arts and the art and antiques market.
Culture Secretary Tessa Jowell welcomed the research, which she said underlined the "vital" role creative industries play in Britain today and pledged continued support from the government.
"The U.K. creative industries outperform every other European state and, in the 21st century, they have moved to center stage of the U.K. economy," Jowell said. "It is vital to the whole economy that government works with industry to create a framework in which these sectors can flourish."