Screen productions struggling to restart due to a lack of Coronavirus-related insurance will now get the go-ahead, the Culture Secretary and Chancellor have announced today, as the Government-backed Film and TV Production Restart Scheme formally launches following state aid approval.
In the UK, the film and television production industry supports more than 180,000 jobs and contributes more than £12 billion to the economy annually however many productions have been paused due to the unavailability of coronavirus-related insurance.
It’s expected the scheme will support well over 40,000 jobs across one of the country’s leading creative sectors by ensuring planned productions can proceed after a period of disruption due to the pandemic.
From today, productions can receive compensation from the £500 million scheme for future Coronavirus-related losses including filming delays from illness amongst the cast and crew.