UK businesses champion public investment in arts and culture in new report released by the Creative Industries Federation and Arts Council England.

May 29, 2019

Public Investment, Public Gain

UK businesses champion public investment in arts and culture in new report released by the Creative Industries Federation and Arts Council England

Business leaders and celebrities alike have backed the importance of public investment in arts and culture in a new report launched today (29 May) by the Creative Industries Federation and Arts Council England.

This report, ‘Public Investment, Public Gain: How public investment in the arts generates economic value across the creative industries and beyond’ outlines how public investment into the UK’s arts and culture unlocks social, reputational and economic value throughout the creative industries and beyond.

This investment has cultivated new ideas, technologies, and cutting-edge innovation; fuelled the talent pipeline and job growth in all parts of the UK; and leveraged private and inward investment to bolster British business.

In the report, individuals including Ed Sheeran, Karen Blackett, Sir John Hegarty and Ian Callum, alongside organisations including PwC, Endemol Shine and The Royal Society outline ways in which public investment into arts and culture makes possible the remarkable economic success of the UK’s fastest growing sector - its creative industries - and beyond.

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