Creative Torbay

Creative Torbay / News / Wed 24 Apr 2013

UK's creative economy is a great national strength - Report

UK's creative economy is a great national strength - Report

The UK's creative economy is one of its great national strengths, historically deeply rooted and accounting for around one-tenth of the whole economy. It provides jobs for 2.5 million people – more than in financial services, advanced manufacturing or construction – and in recent years, this creative workforce has grown four times faster than the workforce as a whole.
But behind this success lies much disruption and business uncertainty, associated with digital technologies. Previously profitable business models have been swept away, young companies from outside the UK have dominated new internet markets, and some UK creative businesses have struggled to compete.
UK policymakers too have failed to keep pace with developments in North America and parts of Asia. But it is not too late to refresh tired policies. This manifesto sets out our 10-point plan to bolster one of the UK's fastest growing sectors.
Published
April 2013
Authors
Hasan Bakhshi, Ian Hargreaves and Juan Mateos-Garcia
http://creativetorbay.com/networks/creative-torbay/documents/nesta-report.pdf

For more information visit http://www.nesta.org.uk/

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