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Hasan Bakhshi and Alan Freeman

How big are the UK’s creative industries?

Statistics on the UK's creative industries released by DCMS in December have provoked negative reactions. The creative industries account for only 2.9% of Gross Value Added (GVA), far lower than previous estimates have suggested, following the removal of two 'standard industrial codes' from the definition of the Software sector and a 'scaling adjustment' that the DCMS used to apply to the estimate of whole economy GVA.

23.01.2012

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