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BFI StatisticalYearBook_2014

Chapter 19 Public investment in film in the UK In recognition of the cultural and economic value of film, the UK Government and the European Union provide financial support to film in the UK through a variety of channels. The single biggest source of public funding in 2012/13 was film tax relief, followed by the National Lottery and UK government grant-in-aid. FACTS IN FOCUS: Total measured public funding for film in the UK in 2012/13 was £363 million, a decline of just under 1% on 2011/12. The principal sources of public funding for UK film in 2012/13 were the film production tax relief (57%), the National Lottery (18%) and grant-in-aid (8%) from the Department for Culture, Media, and Sport (DCMS). Combined grant-in-aid from the DCMS and the national governments in Scotland, Wales, and Northern Ireland totalled 9.5% of all public sector investment. Film production benefited from 68% of the total financial support followed by education, young people and lifelong learning (8%), and distribution and exhibition (7%). Support for education, young people and lifelong learning was £32.3 million, up from £19.8 million in 2011/12.


BFI StatisticalYearBook_2014
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