£3.5bn Music Industry Can Be ‘Poster Boy’ for UK Exports

The UK’s creative industries are together worth £36bn in Gross Value Added and supports around 1.5 million jobs. With competition from abroad, to sell albums or producing new video-games, on the rise, the leading business organisations stresses that it has never been more important to set the foundations for future economic success in this sector.

Katja Hall, CBI Deputy Director-General, says: “The UK’s creative industries are global leaders, whether it is providing great film locations and production skills, or video game developers and fashion designers. It is essential to over one million jobs that this remains the case.

“As artists gathered for The Brits 2015, the music industry alone is worth £3.5 billion and with the right help can become the ‘poster boy’ for UK exports. With the likes of Sam Smith and Ed Sheeran riding high in charts around the world, the UK must keep thinking big to help even more of our music artists crack new markets.”