he UK is at risk of losing its leading position in the creative industries due to Government complacency as international rivals catch up, a report has warned.
The Lords Communications and Digital Committee said the creative industries should sit at the heart of the UK’s economic growth plans, but the Government is failing to “unlock the sector’s full potential” by fixing policies “characterised by incoherence and barriers to success”.
In a report on the future of the creative industries, the committee said the sector had previously benefited from government attention, including tax relief, investment programmes, skills initiatives and pandemic recovery funds.
However, urgent action needed to be taken to ensure the UK does not fall behind international competitors in the face of rapid technological change, as the creative industries “scarcely featured” in the 2022 autumn statement, the report said.
Baroness Stowell, chairwoman of the Committee, said: “The UK’s creative industries are an economic powerhouse and have been a huge success story.
“But the…
