How public investment in arts contributes to growth in the creative industries
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Reports · Tags: creative industries, investment, PDF
The creative industries in the UK are booming and an increasingly important part of the economy, with growth outgunning that in finance and insurance and employment up by 5 per cent between 2013 and 2014 against a 2.1 per cent UK average. But the captains of industry who oversee the million-pound art sales, the publishing companies and the advertising conglomerates that returned £77 billion of direct GVA in 2012-2013 know that it is not just their business acumen that makes them a success story.
For the first time, top British entrepreneurs and business leaders, from Melanie Clore, chairman of Sotheby’s Europe, to Tom Weldon, CEO Penguin Random House, internet businesswoman Baroness Lane-Fox to Caroline Rush, CEO British Fashion Council, explain in this report why they see public investment in culture as crucial to what they do…
Date added: 15 Oct 2015