U.K. Creative Industries Get $73 Million Government Boost as Culture Secretary Lisa Nandy Unveils Growth Plan

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Naman Ramachandran The British government has unveiled a £60 million ($73 million) package to support growth across the creative sectors, being announced at Friday’s Creative Industries Growth Summit in Gateshead.

Culture Secretary Lisa Nandy is presenting the funding plan to more than 250 creative businesses and cultural leaders at The Glasshouse International Centre for Music.

The package includes $48.7 million allocated for the next fiscal year, targeting film exports, video game startups, grassroots music venues, and creative enterprises outside London.

The British Business Bank will increase its support for the sector, which currently contributes more than $150 billion to the U.K.

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