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And the Winner Is… Great Britain: The Film Industry’s Effect on The Economy

POSTED: 17th February 2014
IN: Industry news
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And the Winner Is… Great Britain: The Film Industry’s Effect on The Economy

How the country's thriving film industry is contributing to the economy

The most prominent event in British film took place last night at the Royal Opera House in London's Covent Garden. But as the stars gathered to find out which amongst them would be taking home the prestigious awards, Aldermore has been investigating how the British Economy is the real winner.

The UK film industry plays a huge part in keeping the country's finances on track, and despite the economic downturn, has enjoyed considerable growth over the last few years. In Britain, a total of 117,000 people are believed to be employed -either directly or indirectly - by the industry, from production companies down to freelance crew and catering staff.

But in an industry bound by big budgets and long lead-times, keeping a healthy cash-flow for the small businesses involved can be challenging. 

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