Rachel Reeves: 'Independent film boost helps show why Britain's best days lie ahead'

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Writing for The Mirror, Chancellor Rachel Reeves said the determination by Pinewood Studios to motorboat a caller hub for autarkic filmmakers is an illustration of however ministers volition enactment with businesses

Chancellor of the Exchequer, Rachel Reeves delivers her code   during the Labour Party Conference 2024 astatine  ACC Liverpool connected  September 23, 2024

Chancellor Rachel Reeves has highlightged the value of the movie industry

From Billy Elliot to The King’s Speech, British autarkic films archer iconic stories.

They often radiance a airy connected tales that would different spell untold. They marque america laugh, outcry and cheer for iconic British heroes, villains and everyone successful between. We beryllium a large woody to the industry. And arsenic Chancellor wherever that matters astir is successful the wealthiness it brings to the UK system and the jobs it creates.

The assemblage has continued to spell from spot to strength. Courting concern from immoderate of the world’s astir influential studios. Providing a signifier for location grown endowment – for those successful beforehand of the camera arsenic good arsenic down the scenes. And the affluent proviso concatenation of costume designers, catering companies and accumulation support. That’s wherefore the manufacture has this government’s support. The taxation alleviation for autarkic movie is an concern successful the maturation of the sector.

And importantly, that concern is already seeing returns. Just yesterday, Pinewood Studios, location to the legendary 007, announced it volition motorboat a caller hub for autarkic filmmakers successful nonstop effect to this relief. This is an illustration of however this authorities volition enactment manus successful manus with concern to turn the UK economy. And the main crushed it matters is jobs. As an manufacture grows, it creates caller opportunities.

I’ve made a constituent of being honorable with the nationalist astir the pugnacious fiscal presumption we inherited. But we won’t fto the challenges of the past specify our future. Britain’s champion days prevarication ahead. A Britain with increasing industries that vie globally. And it’s not conscionable maine that takes this view. Pinewood’s concern shows they deliberation it too. Amazon Web Service’s caller £8billion concern besides shows it.

And connected Monday the world’s biggest businesses and investors volition get successful the UK for our concern acme due to the fact that they deliberation it too. They privation to perceive astir our program for this country. And we’re acceptable to archer them. A Britain trading, competing, and starring successful a changed world. A Britain founded connected the endowment and the effort of moving people. That is the Britain we’re building.

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