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Spring Budget 2024 Statement Outlines Support for the British Film Industry

The key decisions include a 40% rebate for Business Rates over 10 years

The Chancellor of the Exchequer has today announced a package of support for the British film industry in the Spring Budget statement. The key decisions include a 40% rebate for Business Rates over 10 years. Pinewood Group issued the following statement.

“We are delighted the Government has chosen to continue to support the UK film and high-end television industry by providing a meaningful rebate on business rates for an extended period. The decision will help support further investment and thereby ensure the UK remains the number one production hub in the world.”

Paul Golding CBE

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Chairman, Pinewood Group