Head of Policy Unit for the PEC and Principal Policy Researcher for creative economy at Nesta
New research shows that following the global financial crisis in 2008 we saw an accelerated trend towards a greater concentration of creative businesses in London. This should warn us against repeating mistakes in the aftermath of the COVID-19 crisis and should encourage the government to step in to protect progress made in investing in creative clusters outside of London.
The research has been undertaken by Professor Peter Sunley, from the University of Southampton, and Ben Gardiner, from Cambridge Econometrics, for the PEC and Creative England.
Although this research focussed on England due to data availability, its lessons are applicable right across the UK, and as we look to recover from the COVID-19 crisis, this industrial sector clearly deserves the attention of policymakers across nations and regions.