Lisa Nandy announces a deal to give UK independent film makers 53% tax relief on production costs. During a visit to Pinewood Studios the culture secretary says the new legislation will “put rocket boosters under what is one of our greatest exports”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00Today we're legislating to provide tax relief for the independent film industry
00:04and put rocket boosters under what is one of our greatest exports that
00:09provides good jobs and growth in every part of the UK. Films, British films, go
00:15all over the world. Independent films like Bend It Like Beckham, Trainspotting,
00:19people love them, they tell different stories that draw on every region and
00:24the great diversity that Britain has to offer and by legislating to provide tax
00:29relief for the independent film industry we're going to make sure that
00:32we really unlock the potential of this huge and growing industry here in
00:36Britain. There's people like Steve McQueen's, Danny Boyle's, they all came
00:41up through independent film. We want to make sure that we have a whole new
00:45generation that is able to unlock those opportunities for people across Britain
00:49and attract far more investment into the UK film industry so that we can continue
00:54to thrive and that we will rival Hollywood as one of the greatest film
01:00locations in the world.