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UK to Issue 10-Year Industrial Strategy Aimed at Boosting Growth

  • Culture Secretary Lisa Nandy announced a £380 million boost for the UK creative industries, aiming to make the UK a 'creative superpower'.
  • The funding is expected to double private investment in the creative sector from £17 billion to £31 billion by 2035, creating thousands of jobs and generating growth across six regions.
  • BECTU chief Phillipa Childs praised the investment but warned that it may not be sufficient for stability amidst ongoing challenges for creative workers.
  • Job losses of 3% were reported across creative industries in 2024, with a 15% shrinkage in arts and entertainment sub-sectors between July and December 2024.
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Creative industries to get £380m boost ahead of industrial strategy launch

The investment was announced by Culture Secretary Lisa Nandy.

·London, United Kingdom
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World News broke the news in United States on Friday, June 20, 2025.
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