An estimated £9.5bn of investment in London is expected to be generated over the next five years as a result of Film London’ support for film, TV and animation production, according to figures published by the organisation this week.
This in turn would add over £1bn in additional GVA for London over the same five-year period to 2028-29.
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Coinciding with Film London’s 20th Anniversary celebrations, the figures modelled the future impact of Film London activities from 2023/24 to 2028/29.
The figures were drawn from an Economic Impact Assessment of Film London conducted by independent economic analysts at BOP Consulting
For the previous five years, over £4bn was invested in London as a result of Film London activities.
Film London marked its two-decade anniversary with a celebration event at The Standard Hotel in King’s Cross, London.
Film London Chair Daniel Battsek and Chief Executive Adrian Wootton OBE were joined by The Crown Producer Andy Harries, Deputy Mayor for Culture and the Creative Industries Justine Simons OBE, and BFI’s Chief Executive Ben Roberts.
Producer Barbara Broccoli, filmmakers Mike Leigh and Gurinder Chadha and Working Title’s Eric Fellner were amongst guests.
The Mayor of London, Sadiq Khan, said: “I’m proud London is a global centre for film, TV and animation, with this successful industry helping to drive forward our economy. By making it easier for filmmakers to shoot here and nurturing the next generation of diverse talent, Film London has helped to attract significant investment from across the globe over the last 20 years. I look forward to Film London continuing to build on this success, helping to build a better, more prosperous London for everyone.”
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