Investing in ‘creative clusters’ is key to economic growth – new research

Investing in ‘creative clusters’ is key to economic growth – new research

A new report from the Creative Industries Policy and Evidence Centre (CIPEC) provides fresh insight on where policy intervention could be best targeted to bolster the creative industries and help level up the UK economy. Nearly 70% of all the UK’s creative industries’ gross value added (GVA) is concentrated in London and the South-East. This constitutes a ‘supercluster’ with considerable benefits for the UK economy; attracting talent, investment, infrastructure, supporting knowledge exchange and fuelling economic growth.

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