HC Deb 12 December 1985 vol 88 cc767-8W
Mr. Hancock

asked the Minister for the Arts how much money the British film industry received from the Government over the last six years.

Mr. Luce

[pursuant to his reply, 5 December 1985, c. 337]The British film industry is funded by venture capital; it is not a subsidised industry. My right hon. Friend the Secretary of State for Trade and Industry has been responsible for recycling funds from the distribution side of the industry to the production side under the provisions of the former Films Acts 1960 to 1980.

I am responsible for the British Film Institute, and its grant-in-aid over the last six years has been: Year

Year £
1980–81 5,829,000
1981–82 6,520,000
1982–83 *8,469,000
1983–84 7,243,000
1984–85 7,710,000
1985–86 8,075,000
* Includes £1.4 million supplementary.

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