The slide in the value of the pound following the EU referendum has added an extra carrot luring foreign film and TV production investment into the UK.
“The UK cinema industry is enjoying a period of exceptional success,” said Phil Clapp, chief executive of the UK Cinema Association.
The TV production industry is also enjoying a golden age of investment, with deep-pocketed new arrivals such as Netflix pouring £100m into royal series The Crown and Amazon investing in Jeremy Clarkson’s The Grand Tour and historical drama Outlander.
On Wednesday, the culture department said that employment in the creative industries was growing at four times the rate of the wider UK workforce.