Home 5 News 5 UK Publishing: A £11bn Powerhouse

UK Publishing: A £11bn Powerhouse

by | Mar 14, 2024 | News

As the world’s publishing industry descends upon the UK capital for the London Book Fair (12-14 March), research commissioned by the UK Publishers Association has found that the UK publishing sector contributed £11bn overall to the economy in 2023, supporting 84,000 jobs.

 

The research was conducted by public policy consultancy Public First.  The Bookseller commented:  ‘The research also predicts that with the right backing from government, publishing can contribute an additional £5.6bn to the UK economy by 2033, supporting a further 43,000 jobs. Meanwhile international demand for UK publishing is set to grow by a further 20% in the next decade, Public First found.’

 

Dan Conway, CEO of the UK’s PA, said: “The publishing sector is a true success story for the UK, driving economic growth, highly skilled creative jobs, and leading in worldwide publishing exports that contribute to Britain’s cultural and academic standing abroad. Publishers act as the heartbeat of our leading creative industries through the incredible stories they bring to screen, stage and games, and they also underpin the UK as global base for research and development.

 

“As a country, we should be immensely proud of what the sector has achieved—but we must not take it for granted. With an election on the horizon later this year, we ask politicians on all sides to recognise the publishing industry’s economic value to the UK, announced today on the eve of the London Book Fair, but also its huge cultural and academic importance in inspiring the next generation of readers, learners and leaders. We must ensure we work together to unlock the next chapter of this success story and grow UK publishing’s economic and social contribution for the UK.”

 

 

 

Recent News

18Feb
Ian Chapman to Step Down as S&S UK CEO in May

Ian Chapman to Step Down as S&S UK CEO in May

After 25 years at Simon & Schuster, Ian Chapman, who serves as CEO and publisher of Simon & Schuster UK & International, will depart in May.   Chapman, who became CEO in 2013, has led publishing, editorial, marketing, and sales operations in the UK, Australia and India. His title-marked years were majorly growthy; for 2022 and 2023, Simon […]

18Feb
IPA Condemns Attack on Publisher at Bangladesh Book Fair

IPA Condemns Attack on Publisher at Bangladesh Book Fair

The International Publishers Association (IPA) has condemned an attack on publisher Sabyasachi’s stand at the Amar Ekushey book fair in Dhaka, Bangladesh.  Extremists were protesting at the presence of books by author Taslima Nasrin, the Bangladeshi writer who is known for her work on women’s oppression and criticism of religion.  Some of her books are […]

18Feb
AI and Copyright: Key Takeaways from the AI Action Summit

AI and Copyright: Key Takeaways from the AI Action Summit

Artificial Intelligence (AI) remains the issue of the moment.  The former chief executive of Google, Erich Smidt proposes a balance between government oversight of AI development and over-regulation of the sector.   He told the BBC: “The truth is that AI and the future is largely going to be built by private compaanies.  It’s really […]

Related Posts

IPA Condemns Attack on Publisher at Bangladesh Book Fair

IPA Condemns Attack on Publisher at Bangladesh Book Fair

The International Publishers Association (IPA) has condemned an attack on publisher Sabyasachi's stand at the Amar Ekushey book fair in Dhaka, Bangladesh.  Extremists were protesting at the presence of books by author Taslima Nasrin, the Bangladeshi writer who is...

AI and Copyright: Key Takeaways from the AI Action Summit

AI and Copyright: Key Takeaways from the AI Action Summit

Artificial Intelligence (AI) remains the issue of the moment.  The former chief executive of Google, Erich Smidt proposes a balance between government oversight of AI development and over-regulation of the sector.   He told the BBC: “The truth is that AI and the...

International Interest in Newly Discovered Joan Didion Manuscript

International Interest in Newly Discovered Joan Didion Manuscript

There is strong international interest in a new book by the celebrated American writer and journalist Joan Didion who died in 2021.  Entitled Notes to John, the manuscript was discovered in a portable filing cabinet next to her desk after her death.  The book is a...

Previous Next
Close
Test Caption
Test Description goes like this

Pin It on Pinterest