Federation Trade Report warns of danger to brand Britain

As Brexit negotiations continue, the creative industries are being sidelined according to a new report from by the Creative Industries Federation. The organisation has issued a statement pointing out that the UK’s fastest growing sector of the economy needs to be at the heart of political debate, and that the UK’s creative industries employ 700,000 more people than the financial services, and is worth £8bn more than the automotive sector, yet government is focusing on the latter.

A new Global Trade report by the federation, that polled 131 of the UK’s leading creative businesses, shows that nearly 80% are not confident that Britain will maintain its leading global reputation post-Brexit.?? According to the report, 21% of the UK’s creative Industries say a ‘no deal’ outcome would make them consider moving part or all of their business abroad.?40% said a ‘No deal’ outcome would harm their business’ ability to export. John Kampfner, chief executive, Creative Industries Federation, said: “Our trade report shows just how crucial the creative industries are to the British economy and also highlights the very real anxiety within the sector about a 'no deal' Brexit outcome. We urge the government to look at our recommendations and ensure the creative industries are a top priority on its negotiating agenda.”