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Filtered by category: HEPI UK, tag: creative industries × Clear

HEPI UK

The ‘innovation nation’ needs its creative industries

UK creative industries contribute £145bn annually and grow at four times the national rate, yet remain largely excluded from innovation policy. Creative micro-firms lead on R&D activity but are locked out of HMRC tax relief, which requires science or technology advances. The article calls on the Budget to expand R&D definitions to include arts and humanities, simplify support for small creative businesses, and improve government collaboration with universities on creative start-ups.