Business News

Government announces launch of Creative Industries Council

By | Published on Thursday 24 March 2011

Houses Of Parliament

Alongside yesterday’s Budget announcement, the dudes over in the Treasury also announced plans to launch a Creative Industries Council, which will provide a “voice for the sector with the financial community and coordinate action on barriers to growth”.

Presumably that means high up the agenda will be measures to encourage the banking and investment sector to provide more support to small and medium sized companies in the creative industries, including music. All of which will please Feargal Sharkey’s UK Music, which has been lobbying for both a high level platform for government interaction and investment support schemes for music SMEs.

Sharkey told Billboard he expects the new Council to have a board of representatives from each of the creative industries, adding that he hopes the new body will concentrate on finance, skills and copyright protection.



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