The beleagured UKindustry has received a much-needed boost with news that British directorMatthew Vaughn is planning to shoot his next film primarily on home soil.

Vaughn’s £50 million fantasy film Stardust, basedon a Neil Gaiman book, will be based at PinewoodStudios.

It will also shoot at locations elsewhere in Britain.

“The film is a magical fairly tale about two worlds -one is very rural, one is more urban,” said Susie Williams, locations andfilming manager for Film London. “They are looking to possibly shoot inthe Cotswolds for the rural stuff.”

For the urban-based parts of the film, the producers arelooking at towns in Franceand Belgium butit was still “early days”, she said.

Vaughn is in negotiations with Paramount Films to make themovie, although his own company has already raised half the budget.

“I fought for it and insisted on shooting in England,” Vaughn told the Daily Mail.The fantasy feature will be a departure for him. He is bestknown for gritty British gangster movies like Lock, Stock And Two Smoking Barrels, which he produced, and LayerCake, which he produced and directed.

The news will delight Pinewood studios after a difficult year.

Screendaily reported that the latest James Bond feature Casino Royale has defected to eastern Europe.

Pinewood Shepperton Plc, owner of the studio, was also forced to issue a profit warning earlier this year.

But the Vaughn project follows good news confirming that the new Harry Potter film is to remain largely UK based.