Protect our Creative Industries
17 June 2020
This week, the Creative Industries Federation, alongside other key organisations within the sector, has published a new report from Oxford Economics, showing the projected impact of Covid-19 on the creative industries. The results are devastating: 1 in 5 (406,000) creative jobs could be lost and £1.4 billion a week lost in creative industries revenue.
The Creative Industries Federation are calling on government for a Cultural Renewal Fund for those who’ve been hit hardest, as well as an avoidance of a cliff-edge on vital schemes such as the Job Retention Scheme and Self Employed Income Support Scheme, which have been a lifeline for many in the creative sector. Creativity must also be placed at the heart of our regeneration.
Before the pandemic, the creative industries were one of the fastest growing sectors in the UK. Now, they have the potential to power us out of this economic abyss. Not only are they a huge driver of economic growth, they can reboot and reconnect our communities and contribute to positive social and wellbeing outcomes at a time of extreme challenge. The creative industries helped to get us out of the last recession. They can get us out of the coming one. And they can help us build a fairer, kinder country too. Here’s what you can do to help.