Monday, 2 March 2015

Highs for the UK's creative industries

Source of the following information: Record Highs

The UK's creative industries (including IT, film, and music) were worth £76.9bn in 2013 according to the government. This was a 9.9% increase from the 2012 figure of £70bn. Its growth was 3 times larger than the wider UK economy. Also during 2013, the creative industries accounted for 5.6% of employment.

Despite this, areas such as museums, galleries, libraries, and publishing dropped during this time. In the US, the creative industries amounted to more than £460.4bn in 2012, which was roughly 4.3% of US goods and services.

This industry is perhaps one of the largest (in terms of profit) in the UK, and its buoyancy shows no sign of deflating.

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