WAHWN News

Contribution of the arts to society and the economy - House of Lords Library

The government estimates that creative industries generated £126bn in gross value added to the economy and employed 2.4 million people in 2022. A range of research is also examining the way in which creative industries and the arts can positively impact wellbeing, for example through public health interventions. In June 2023, the government published a ‘Creative industries sector vision’ which included a commitment to an additional £77mn in funding.

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Containing information like definitions, sub-sectors, employment statistics, cultural exports, impact on the economy and links to other reports and policies. Table of contents below:

1. What are the arts and creative industries?

2. Value of the arts to society and the economy

2.1 UK economy

2.2 Employment

2.3 UK cultural exports (goods and services)

2.4 Wider impacts

3. Government policy

3.1 Creative industries sector vision

3.2 Opposition reaction and policy