The Government continue to support British film through the funding schemes provided by the UK Film Council and the Regional Screen agencies, as well as the Film Tax Relief. For example, the UK Film Council’s Premiere Fund is £8 million a year and on average the Fund invests in eight to nine films per annum. Also, the Skills Investment Fund raises close to £1 million per annum and is used, alongside Film Council lottery funding, by Skillset to provide film skills training.
The six-year funding settlement for the BBC announced in January 2007 provides for an annual increase in the TV licence fee which is either above or in line with the Treasury’s inflation forecast at that time for each year of the settlement (with the exception of the increase in year six, which will depend on a further review nearer the time). Within the framework of the Charter and Agreement, it is for the BBC to decide the allocation of the funding to drama and film.
Investment in content is a core workstream of the Digital Britain project, with the aim of maintaining and enhancing the funding of high quality, professional UK audiovisual and interactive content.