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£500 Million Fund For Film and TV

 

 

 

 

 

 

 

 

 

 



A £500 million scheme to kick-starting UK film and TV production has been announced.
 

Culture secretary Oliver Dowden said today the fund will help companies unable to get coronavirus insurance. 

The scheme will be used to cover the costs of projects being delayed or abandoned due to issues relating to the virus. 

Filming almost ground to a halt during lockdown, with shows like Peaky Blinders and Line of Duty delayed. 

As restrictions have eased, many productions have been keen to restart - but found they were unable to do so because insurers would not provide cover for further disruptions caused by Covid-19. 

The government's scheme effectively offers that insurance, as long as productions are spending at least half of their budget domestically. 

Dowden said: "From award-winning dramas, to iconic comedies and revered documentaries, the UK makes the films and TV shows the world can't wait to watch. 

"Today's announcement means more clapperboards snapping into action in studios across Belfast, Glasgow, Cardiff, Watford and many more."

29 July 2020                                            Back to the headlines


 
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