Publicly funded arts bolster the UK economy, study finds

• Arts and culture is worth £7.7bn in gross value added to the British economy – an increase of 35.8% between 2010 and 2013. • For every pound invested in arts and culture, an additional £1.06 is generated in the economy. • More than one in 12 UK jobs are in the creative economy, with employment increasing 5% between 2013 and 2014, compared with a 2.1% jobs increase in the wider economy. • Britain invests a smaller percentage, 0.3%, of its total GDP on arts and culture than other countries. Germany is 0.4%, the EU as a whole 0.5%, Denmark 0.7% and France 0.8%.

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