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Skyrocketing Costs Hit U.K. TV Industry

https://variety.com/2022/tv/global/bbc-itv-channel-4-pact-strawberry-blonde-1235395993/

 

“With inflation hitting record levels, a looming energy crisis and rising interest rates, the whole of the U.K. has been left reeling. But for the domestic television industry, which was already dealing with a post-COVID skills shortage and industry-wide inflation prompted by the streaming wars, the situation has now become critical.”

 

“According to latest figures from the British Film Institute, U.K. production will require over 20,000 additional full-time employees by 2025”

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