Autumn Statement 2023 - Creative PEC's representation

23 December 2023

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Bernard Hay, 

Bernard Hay

Head of Policy

Bernard is Head of Policy at Creative PEC. Previ...

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Nik Gunn

Nik Gunn

Policy Adviser

Nik is a Policy Adviser with the Policy Team at Cr...

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The Autumn Statement presents an opportunity for the government to supercharge its plans laid out in the Creative Industries Sector Vision to grow the creative industries by £50 billion and support 1 million more UK jobs by 2030. The Creative PEC’s submission focuses on one area where further policy intervention could support growth in the sector: unlocking the R&D potential of the UK’s creative industries.

In this representation, we present a package of policy recommendations to: increase the proportion of public investment in creative industries R&D; adapt the definitions of R&D for the purposes of R&D tax relief to recognise the distinctive features of creative industries R&D, and improve the data collected and published relating to creative industries R&D and innovation. All three of these recommendations align with those made by the recent Council for Science and Technology Review led by Professor Julia Black (forthcoming).


Thumbnail and hero photo by David Dibert on Unsplash