Mark Hendrick – 2014 Parliamentary Question to the Department for Culture Media and Sport

The below Parliamentary question was asked by Mark Hendrick on 2014-04-09.

To ask the Secretary of State for Culture, Media and Sport, what Government funding is given to the UK film industry; what contribution the UK film industry makes to the UK economy; and what steps the Government is taking to attract overseas film production and investment to the UK.

Mr Edward Vaizey

In 2012-13 the Government provided around £80m in grant in aid and lottery funding to the British Film Institute (BFI) to support film in the UK, and paid out £205million in Film Tax Relief. The UK film industry makes a significant contribution to the UK economy, directly generating 43,900 jobs and contributing £1.6billion to national GDP (Oxford Economics Report 2012). The UK has one of the world’s most generous film tax reliefs which attracted over £1billion in inward investment in 2013. Recent changes to the Film Tax Relief announced at Budget 2014 will also encourage further film production to the UK.