Pandemic Wipes $3.5B Off Film & TV’s Contribution To UK Economy

México Noticias Noticias

Pandemic Wipes $3.5B Off Film & TV’s Contribution To UK Economy
México Últimas Noticias,México Titulares
  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

As coronavirus continues to wreak havoc on production in the UK, with shutdowns on shows including Bridgerton, a new report has cast light on the scale of the damage caused by the pandemic. Not-for…

Not-for-profit Creative UK Group teamed with research firm Oxford Economics to assess the screen sector’s contribution to the British economy. They concluded that film and TV’s £21.6 billion gross value added in 2019 fell by £2.6B , or 12%, last year amid the coronavirus crisis.

Furthermore, Creative UK Group’s report said 5% of the 239,000 people employed by the film and TV industry lost their jobs in 2020. That equates to 12,800 jobs being wiped out. Creative UK Group said it could have been worse without government interventions such as the Production Restart Scheme, which provided an insurance safety net for productions and protected 44,000 jobs.

Creative UK Group said Britain’s creative industries combined lost £12B in gross value added, while one in 20 people lost their job during the pandemic.Caroline Norbury, CEO of Creative UK Group, said: “Many creative businesses have faced crippling hardships during the past year, and we are still seeing too many talented individuals leave the sector as job losses continue.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

DEADLINE /  🏆 109. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Deadly German floods were predictable, UK flood expert saysDeadly German floods were predictable, UK flood expert saysFloods in western Germany that killed more than 160 people last week were predictable, a flood expert in Britain said on Monday.
Leer más »

'Ridiculous', travellers dismayed by UK quarantine measures for France'Ridiculous', travellers dismayed by UK quarantine measures for FranceTravelers from Paris to the UK were disappointed after the UK government said it was scrapping the planned easing of coronavirus rules for visitors from France because of the fear of the Beta variant, first identified in South Africa
Leer más »

Best white sandy beach in the UK revealedBest white sandy beach in the UK revealedWriggle your toes into the soft sand at these glorious spots
Leer más »

James Corden Threatening To Quit 'Late Late Show,' Flee Back To UK Over 'Ellen Show' Snub?James Corden Threatening To Quit 'Late Late Show,' Flee Back To UK Over 'Ellen Show' Snub?Is James Corden threatening to leave the Late Late Show and the United States entirely if he doesn't get a raise? That's what one tabloid was reporting
Leer más »

UK virus cost-benefit discounts human psychologyUK virus cost-benefit discounts human psychologyThe UK’s Covid-19 reopening leans heavily on a breezy view of human psychology. Prime Minister Boris Johnson on Monday broke ranks with states like Israel by lifting all virus-related restrictions. His basis for doing so amounts to a massive live experiment.
Leer más »

Ricky Gervais Says Channel 4 Would Be “Destroyed” If It was Sold By The UK GovernmentRicky Gervais Says Channel 4 Would Be “Destroyed” If It was Sold By The UK GovernmentThe Office and After Life creator Ricky Gervais has spoken out against UK government proposals to sell broadcaster Channel 4. In a tweet on Monday, Gervais told his 14.4 million followers that Chan…
Leer más »



Render Time: 2025-03-12 10:03:13