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Pandemic Wipes $3.5B Off Film & TV’s Contribution To UK Economy

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deadline.com

As coronavirus continues to wreak havoc on production in the UK, with shutdowns on shows including Bridgerton, a new report has cast light on the scale of the damage caused by the pandemic.Not-for-profit Creative UK Group teamed with research firm Oxford Economics to assess the screen sector’s contribution to the British economy.

They concluded that film and TV’s £21.6 billion ($29.4B) gross value added in 2019 fell by £2.6B ($3.5B), or 12%, last year amid the coronavirus crisis.Furthermore, Creative UK Group’s report said 5% of the 239,000 people employed by the film and TV industry lost their jobs in 2020.

That equates to 12,800 jobs being wiped out.Creative UK Group said it could have been worse without government interventions such as

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