Record spend on UK film production


Published: Tuesday 3rd February 2015 by The News Editor

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More money was spent making films in the UK last year than at any time since records began, according to figures from the British Film Institute (BFI).

The BFI data shows £1.471 billion was spent on film production in 2014 – a third more than the year before and the most since statistics were first recorded 20 years ago.

Among the films responsible for the rise are the latest instalment in the Star Wars series and Mission Impossible 5.

The data also shows home-grown independent films prospered, capturing their highest market share of the UK box office (16%) with Paddington doing best of all.

The film, featuring Ben Whishaw voicing the role of the duffle coat wearing bear, took just over £34 million in 2014.

Culture Secretary Sajid Javid said: “The UK film industry is a powerhouse for growth and I’m delighted that 2014 saw an all time high spend on film production. Supporting the creative industries, including our vibrant film sector, is a key part of the Government’s long term economic plan and we have worked hard to create the right environment here for the UK film industry to flourish. The huge amount of inward investment we are seeing is a sure fire sign that the UK is the best place in the world to make films.”

Takings at the box office were more than £1 billion for the fourth year running, though they were down 2% on the previous year.

The top grossing film in 2014 was The Hobbit: The Battle of the Five Armies with takings of £40.3 million, followed by The Lego Movie grossing £34.3 million, then Paddington.

Published: Tuesday 3rd February 2015 by The News Editor

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