UK film's economic impact
A 2012 study by Oxford Economics estimates that the core UK film industry is a substantial industry, directly generating 43,900 full time equivalent (FTE) jobs and contributing £1.6 billion to national GDP.
In employment terms, the industry is larger than fund management and the pharmaceutical manufacturing sector. Furthermore, the overall trend is very positive with employment increasing since 1995, mirroring film production levels (particularly inward investment).
Overall, when considering the film industry’s procurement, spending effects from those directly and indirectly employed and its contribution to UK tourism, trade and merchandise sales, the core UK film industry supported a total of 117,400 FTE jobs, contributed over £4.6 billion to UK GDP and over £1.3 billion to the Exchequer (gross of tax relief
and other fiscal support) in 2011.
The report looks in detail at: