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Creative Industries Federation - Arts and Growth Report

The second of a series of policy reports from the Creative Industries Federation looks at the link between the UK's commercial creative companies and public arts investment.

The Arts and Growth report, produced in collaboration with the Arts Council England, was launched this week at the Warwick Business School at the Shard. It looked at the link between the UK's commercial creative companies and public arts investment.

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.

Figures from the creative commercial sector are backing the report and have contributed their own observations. The report  also includes the following statistics:

  • Arts and culture is worth £7.7bn in gross value added to the British economy – an increase of 35.8% between 2010 and 2013.
  • For every pound invested in arts and culture, an additional £1.06 is generated in the economy.
  • More than one in 12 UK jobs are in the creative economy, with employment increasing 5% between 2013 and 2014, compared with a 2.1% jobs increase in the wider economy.
  • Britain invests a smaller percentage, 0.3%, of its total GDP on arts and culture than other countries. Germany invests 0.4%, the EU as a whole 0.5%, Denmark 0.7% and France 0.8%
  • More than 20 figures from the creative commercial sector are backing the report and have contributed their own observations.


The report was launched with a keynote speech from HM Minister for Culture, Communications and Creative Industries, The Hon Ed Vaizey.

John Kampfner, CEO of the Creative Industries Federation, which produced the report, says "spending money on public arts is crucial for the good of society."

Please click here for a PDF of the report.

To read a related Gaurdian article and interview with John Kampfner (below) click here

(Photograph: David Levene for the Guardian)