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New DCMS figures show the creative industries have grown at nearly twice the rate of the economy


New figures published by the Department for Digital, Culture, Media and Sport show the UK's creative industries made a record contribution to the economy in 2017, going beyond the £100 billion mark and are now worth £268 billion.

The figures reveal that the value of the creative industries to the UK is up from £94.8 billion in 2016 to £101.5 billion, and has grown at nearly twice the rate of the economy since 2010.

The DCMS report that the increase has been driven at least in part by computer services sub-sector which includes video games such as Batman Arkham made by London-based games company, Rocksteady Studios and Red Dead Redemption 2 produced by Scottish company, Rockstar Games. This sector alone is worth £5.11 billion.

NSEAD congratulates the talented homegrown and international creatives, together with their teachers and lectures of arts, media and design subjects who helped make this possible.

Read the figures here

29 Nov 2018