Tiga: Govt ‘narrow-minded’ with creative industry funds

Tiga: Govt ‘narrow-minded’ with creative industry funds

Tiga CEO Richard Wilson has told Develop that Westminster is once again taking “narrow-minded” measures, following reports of new funding initiatives for the creative industries.

According to trade publication Music Week*, the Department for Work and Pensions will soon be using over half of its £50 million war chest to invest in the music industry.

The whole cash fund was set up to support the entire board of creative industries, yet the Department for Work and Pensions, currently headed by former Culture Secretary James Purnell, has already earmarked some £26 million of this for the music industry alone.

“Once again the government is being narrow-minded, to put it mildly,” said Wilson.

Full story at Develop.

*Music Week article no longer available at tme of writing. Alternative source here.


Tags: government , industry , tiga , investment

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