Figures published today by the BFI’s Research and Statistics Unit reveal a number of records for the UK film industry in 2017.The spend on film production in the UK in 2017 reached the highest level on record with £1.9 billion, a 12% increase on the previous year.The year saw a new record for spend on inward investment film and television production with £1.69 billion for film, a 23% increase on the previous year and £684 million for high-end television production, a 27% increase on 2016’s level.2017 saw £1.69 billion being spent by 68 major inward investment films basing themselves in the UK, an increase in the number of films – six – in this category and a 23% increase in spend on 2016’s £1.37 billion.The figures confirm the UK industry’s international standing as a key production hub but also highlight its reliance on foreign spend with indigenous production spend only accounting for around 10% of the total.Inward investment films made in the UK during 2017 include Tim Burton’s Dumbo, Ron Howard’s Solo: A Star Wars Story, Guy Ritchie’s Aladdin, David Yates’ Fantastic Beasts and Where to Find Them 2, Paul Thomas Anderson’s Phantom Thread, Christopher McQuarrie’s Mission Impossible 6 and… Read full this story
- UK consumer spending grows 1.5% in October
- Austerity Drives Greek Suicides to Record Level as Germany's Decrease
- Equifax slapped with UK’s maximum penalty over 2017 data breach
- Queen's Birthday Honours 2017: Full list of great and the good awarded for services to their country
- EU migration: How has it changed the UK?
- Nato defence spending target met, government insists
- UK set up secret group of top officials to enable UAE investment
- UK will seek talks on trade deal with China, says Jeremy Hunt
- New driving laws you need to know about and ones set to change after Brexit
- US defence secretary intervenes in UK military budget row
Inward investment drives UK production spend to record £1.9bn in 2017 have 294 words, post on www.screendaily.com at January 31, 2018. This is cached page on Health Breaking News. If you want remove this page, please contact us.