
The UK government has announced a £60 million package of investment for the creative industries as part of plans to drive growth in the sector.
Set to be announced by Culture Secretary and Greater Manchester MP, Lisa Nandy, at the Creative Industries Growth Summit in the North-east today (17th January), the package of support includes investments for start-up video game studios, grassroots music venues and creative businesses to boost British music, film and other cultural exports, which will facilitate investment and innovation in communities, in turn supporting businesses and employment. Nandy will also confirm Greater Manchester as among the priority regions for the creative industries with additional funding for the sector in the region to be agreed as part of the next Spending Review.
The announcement also comes ahead of the publication in Spring 2025 of the Creative Industries Sector Plan as part of the UK’s Industrial Strategy. Today’s Creative Industries Growth Summit brings together sector leaders to discuss what they need to unlock the creative industries’ potential to boost the UK’s economy further, adding to its contribution currently valued at £124 billion, and will lay the groundwork for the upcoming Sector Plan.
Culture Secretary Lisa Nandy said:
“From film and fashion to music and advertising, our creative industries are truly world-class and play a critical role in helping us deliver on this Government’s mission to drive economic growth in all parts of the UK.
“Our £60 million funding boost will support creative and cultural organisations across the UK to turbocharge growth by transforming local venues, creating jobs, supporting businesses and spreading opportunity across the country.“