""The UK's creative industry is an important part of the economy," Girder said. "But to achieve Labour's growth agenda, there needs to be more targeted support for freelancers in the media industry.""
""to stay afloat when between jobs or awaiting late payments""
""Preventing these cashflow issues in the first place would go a long way," she said. "The government should legislate creative industry-specific prompt payment rules, ensuring freelancers are paid within a reasonable timeframe - similar to the protections already in place for government suppliers.""
The creative industries, including film, music, digital media and design, contributed around £124 billion to the UK economy in 2023. Freelancers form the backbone of the creative workforce but face irregular income, delayed payments and limited access to financial support between contracts. Recommended measures include an emergency support fund for freelancers, legislated prompt payment rules specific to the creative sector, reintroduction of pandemic-era tax reliefs for independent creatives, more permanent creative industry reliefs, and start-up grants for graduates and emerging professionals. These steps aim to improve cashflow, retain skilled talent and support sector productivity and growth.
Read at Business Matters
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