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The creative industries are the fastest growing part of the UK economy. They contribute £101.5 billion in gross value added (GVA) - greater than automotive, aerospace, life sciences and oil and gas sectors combined.
The potential for future growth is clear, and must now be unlocked. Despite the success story to date, creative enterprises - which make up one in eight of all enterprises in the UK - face major challenges that prevent them from growing.
This report aims to get to the heart of the issue: what do creative enterprises understand by growth, how fast are they growing, and what prevents them from growing more? It is based on a survey of over 1,000 creative enterprises, a series of focus groups undertaken throughout the UK, and one-to-one interviews with trade bodies, government, and support intermediaries.