Creative Industries Sector Deal launched

More than £150 million will be jointly invested by government and industry to help the country’s world-leading cultural and creative businesses thrive as part of landmark Sector Deal

Britain’s creative industries are worth £92 billion, employ 2 million people and are growing twice as fast as the rest of the economy

New Cultural Development Fund will see cities and towns have access to £20 million to invest in culture and creative industries

A Cultural Development Fund will also be launched for cities and towns to bid for a share of £20 million to invest in creative and cultural initiatives. The power of culture and creative industries to boost economic growth is evident across the country.

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