UK production spending down 31% in 2005
As expected, 2005 wasn't abanner year for UK film production as film tax breaks uncertainty and a strong pound hurtthe industry. According to figures from the UK Film Council, film productionspending in the UK was £559m ($988m) in 2005, down 31% from 2004's £810.3m ($1432m). That'sfar below 2003's record year of £1.16bn ($2.05bn). During ...
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