Pact Focus On UK Film Future

The trade body for UK independent film producers said the unexpected and clearly difficult decision by the DCMS to abolish the UK Film Council is a blow to the body's employees, but is understandable with the current economic circumstances facing the coalition and the country.
Chief Executive for Pact, John McVay said the UK Film Council was created during an era of more generous public sector spending and has many successes to be proud about. However, it is now clear that era is coming to an end. What's important is that the film industry is still recognised for its significant economic and cultural contribution to the UK and all those who are interested in film's future should work with the government to ensure that film retains its position.
"We strongly welcome the coalition’s commitment to the two most important interventions in the market, namely the National Lottery funding and the film tax credit. These both ensure that we can produce indigenous feature films and also attract inward investment which, combined, sustain our vibrant, dynamic and successful film industry and we look forward to working with the government as they develop their thinking on how this essential public support will be delivered in future."
Pact has recently submitted its own ideas to government detailing how public support can foster economic growth going forward.
(BMcN/GK)