AAA White Paper The political economy of informal events, 2030 | Page 48

GVA 50 45 Gross Value Added in the DCMS’s ‘creative industries’ & sport categories, as well as by the whole UK, £bn 59.9 40 35 Key 30 2010-17 rise, per cent 2010 2015 25 2017 (Provsional) 20 15 Total creative industries, £bn 30.5 66.3 113.9 13.4 68.6 10 5 40 100.6 69.6 8.1 12.6 90.3 102 2010-17 rise: 53.1 per cent The whole of the UK, £bn 0 Chart 12 Source: DCMS, DCMS Sector Economic Estimates Provisional 2017: GVA Sub-sectors, 2018, and DCMS, DCMS Sectors Economic Estimates 2017 (provisional): Gross Value Added, 2018 Sport 1430 £bn 1692 1840 2010-17 rise: 28.7 per cent been raising the value of what they produce twice as fast. And while not every job in the arts and sport is necessarily about events, it seems likely that events have fully participated in the dramatic rise in productivity that has marked the arts and sport as a whole. In fact, with GVA growth for the whole UK economy not double, but triple total UK jobs growth, the GVA-vs-jobs trajectories of the arts and sport are actually not quite as brilliant as that of the whole UK economy. But what the data still confirm is that the arts and sport can, as a sector, square an important circle: they’re able to improve their productivity at the same time as adding jobs, just not as fast as UK plc. That’s important for two reasons. First, while it’s hard to automate the arts and sport – especially in the case of events, which are labour-intensive compared with, say, manufacturing or financial services – the two broad sectors have undoubtedly become more efficient. Moreover such automation as has been brought to the arts and sport, for example in ticketing, appears to have been accompanied by an increase in jobs, not a decrease. In fact, that’s been the pattern for jobs in general in the UK – and elsewhere. Second, the record shows that the arts and sport have the capacity to re-invent themselves. They not only change their ‘output’ more frequently than many other sectors; the events that arts and sport put on have the potential, at least, to carve out for themselves a whole new wealth-creating sector in its own right, with high productivity, durable jobs, plenty of customer demand, and new skills in the making. 48