B

Baroness Twycross (Lab)

Speaking in the House of Lords on 10 October 2024

Debate

Film Industry

Contribution

My noble friend is right. To give her some reassurance, I think the Treasury and DCMS are entirely clear on the contribution made by all creative industries to this country’s economy. I remind noble Lords that the creative industries are worth £125 billion in economic value to the UK and employed 2.4 million people in 2022. This is the first step in the Government’s plans for and support for creative industries, but I cannot pre-empt decisions made by the Treasury. As I mentioned earlier, the Budget will be held later this month.

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