The British Film Commission (BFC) has received £4.8m from this week”s Budget to expand its remit of promoting the UK as a production hub for studio space investment.

The British Film Commission will act as a one-stop-shop for advice to investors and developers and provide targeted support to facilitate increased provision of studio facilities across the UK.

Production spend on feature film and high-end TV in the UK hit a record-breaking £3.6bn last year.

Adrian Wootton OBE, chief executive of the British Film Commission, said: “We are delighted by today’s budget announcement and the recognition by government of the immense value of film and TV to the UK economy.

“This major boost from the Treasury is a real public vote of confidence and will enable us to further attract and support international production, working alongside our partners and friends in the nations and regions. This is really fantastic news not just for the BFC but for the industry and indeed for UK PLC as a whole.”

Ben Roberts, Chief Executive of the BFI, said: “We welcome the Government”s continued support of the UK”s screen industries. We are one of the most popular and most creative production centres in the world, and the Chancellor”s announcement recognises our significant contribution to the UK”s culture and economy.

“This additional funding for the British Film Commission, specifically to unlock the huge potential in creating new production spaces, will benefit the entire industry and create opportunities across the UK.”