Published on November 16, 2012 | by Helen Olufowobi0
Mayor: Creative industries ‘critical’ to London economyBoris Johnson has invested more than £2.3 million in the British Fashion Council, Film London and the London Design Festival this year in a bid to boost creative talent and attract inward investment.
The Mayor of London said creative industries have played a “key role” in what has been an “annus mirabilis [wonderful year]” for London.
“This is a sector which has a critical role to play in our city’s economic success, and I will do everything I can as Mayor to ensure the conditions are in place to enable it to thrive,” said Johnson.
Johnson also hosted a free public exhibition of video game art at the annual London Games Festival this year at the London City Hall.
Designers, advertisers, film production specialists, games programmers and animators, artists, musicians and writers are all part of the capital’s second largest sector, which is worth around £20 billion per year.
Last month saw the 56th BFI London Film Festival take place, putting creative talent in the spotlight.
The UK film industry contributes over £4.6 billion to UK GDP, with approximately 75 per cent of the film industry based in London and studios just outside the capital, which generates spending of around £3.45 billion.
Johnson added, “From the gowns and the glamour of fashion, to cutting edge design and some of the brightest and best people working in film, London is home to astonishingly talented people whose inventiveness, drive and entrepreneurialism contribute to a sector.”