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How we invested in 'golden era' of British television

Sunday Express

|

May 12, 2024

WE ARE living in a golden British age for television and tonight's TV BAFTAs will showcase the very best we have to offer.

- Lucy Frazer

How we invested in 'golden era' of British television

Incredible dramas from Succession to The Crown. Remarkable broadcasts of events, including Eurovision and the Coronation concert.

And unforgettable performances from actors like David Tennant in Good Omens and Sarah Lancashire in Happy Valley.

But what do shows like The Crown, Top Boy, Happy Valley and The Gold all have in common? Yes, they're all critically acclaimed. Yes, they're all nominated for a BAFTA.

But what many people won't know is that they've all been supported by this Conservative Government's tax reliefs.

Tax reliefs are a major reason behind the boom in creative programming and productions on our screens. They tell the world how seriously we take our Creative Industries and give us a competitive edge over other major European and North American rival countries.

Since high-end television tax relief was introduced in 2013, we have backed 925 programmes with support worth £10.9billion.

And the figures are even more impressive when it comes to film. Since we introduced film tax reliefs in 2007, they have supported over 4,250 films with £21.6 billion.

By encouraging and incentivising investment into UK studios and productions, these tax breaks have helped to strengthen every part of our TV and film ecosystem.

They have pulled in major companies, encouraged studios to take risks with distinctive content and created a breeding ground for talent. The results are plain to see.

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