Attractions industry news

29 Apr 2019

UK arts and culture is a thriving industry, says report

A new report conducted by the UK’s Centre for Economic and Business Research has found that the country’s arts and culture industry contributes £10.8bn to its economy.

The report, called Contribution of the arts and culture industry to the UK economy, found that it contributes £2.8bn via taxes and also noted that the industry generates a further £23bn a year – and 363,700 jobs – through supply chains and employee spending.

Arts and culture’s total economic contribution has overtaken the agricultural sector’s £10.1bn contribution and is roughly equal to that of major cities such as Liverpool and Sheffield.

"Latest figures show arts and culture is a thriving industry delivering huge benefits for our economy," said Sir Nicholas Serota, chair of Arts Council England.

"Public investment in the arts is fuelling local regeneration across the country, pushing skills and talent to the commercial sector, and driving the world-class reputation of our creative industries."

It is the fourth edition of the report from the Centre for Economic and Business Research. It concludes that productivity in the arts and culture industry between 2009 and 2016 was greater than that of the economy as a whole. Gross value added per worker was £62,000 in arts and culture, compared to £46,800 for the wider UK economy – a 24.5 per cent difference.

The study also notes the "spillover" benefits of arts and culture as an industry to the UK economy.

Having surveyed industry professionals and organisations, it found that 69 per cent of organisations feel that they are “part of a creative cluster” in their local area, 52 per cent are involved in local regeneration and 46 per cent have had buildings regenerated as a result of their actions.

Another of these spillovers was that 82 per cent of surveyed organisations said they provide support for local artists and businesses.

One negative the report highlighted for the industry, however, was that 74 per cent of arts and culture organisations had been affected by public funding cuts.

<< Back

News powered by attractionsmanagement.com

Kew Gardens opens giant natural play zone

Inspired to encourage children to develop a lasting relationship with plants and nature, Royal Botanic Gardens, Kew in London is all set to open its giant new Children’s Garden to the public this weekend (18 May). [more...]

17th annual Museums and Heritage awards honour 'innovative and ground-breaking initiatives'

The winners of the Museums + Heritage Awards were announced in London last night (15 May), with museums large and small being honoured and Sir David Attenborough picking up a Special Recognition Award. [more...]

New tourist attraction for Inverness Castle, as LDN Architects appointed to transform site

Inverness Castle in the Scottish Highlands is to be transformed into a tourist attraction that celebrates the Highlands' past, present and future, with LDN Architects, based in Edinburgh and Forres, appointed to work on the project. [more...]

Butlin’s opens 'revolutionary' £40m pool designed by FITCH

Family resort operator Butlin's has launched an art-deco style pool and water attraction at its Bognor Regis resort. [more...]

London's first riverside linear park to feature 'wellness portals'

New York-based architecture firm Diller Scofidio + Renfro (DS+R) have unveiled the first series of renderings of "The Tide", a linear park planned for London's Greenwich Peninsula. [more...]

EAS gets rebranded as IAAPA Expo Europe - event heads to Paris this September

Registration is now open for the newly-renamed IAAPA Expo Europe (IEE), with this year's European showcase for visitor attractions coming to Paris, France, in September. [more...]

In brief:

Golden toilet among Cattelan exhibits set for Blenheim Palace @BlenheimPalace @maurizio_art [more...]
ITV Studios reaches IP deal with upcoming London Resort project [more...]
UK arts and culture is a thriving industry, says report @Cebr_uk [more...]
Hull Maritime attractions looking likely to get major £27.5m revamp @Hullccnews [more...]
UK Government funds £4m development of immersive experiences for Wallace and Gromit and Peaky Blinders @aardman @Maze_Theory @TinyRebelGames @sugarcreative @potatobristol @potatolondon @uswgames [more...]
Chester Zoo’s new Grasslands area to feature overnight lodgings for visitors @chesterzoo [more...]
Hal McEvoy: attractions sector must improve sustainability @IAAPAHQ [more...]
Climate change protesters stage "die-in" at London museum @NHM_London [more...]
Stephen Hawking VR tour of the universe will launch in 2020 and go worldwide @AtlanticProds [more...]
More news from attractionsmanagement.com>>
<< Back