With the economy in flux and a recession looming, it’s surprising to see evidence that the current British Government is missing opportunities to harness sectors of the UK economy that have a proven track record in delivering growth. For example, the creative industries (which has a strong intersection with technological development) was worth more than £115 billion to the UK economy before the pandemic, making up as many as one in eight businesses across the country – and yet, according to a new report by the House of Lords Communications Committee, is largely being ignored by the current administration in charge. To put this into context, the UK’s creative industries, which includes everything from visual arts to software, marketing and design, in 2019 contributed more to the economy than aerospace, life sciences and automotive industries combined. Not only this, but the Committee’s report highlights how the government is seemingly failing to understand how the advancement of digital technologies could impact the creative industries in the near future – and is not putting in place regulatory frameworks to protect them. The report argues that if the UK’s creative industries are not put at the heart of the government’s future growth […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
