UK investment in artistic originals
Review of the definition of artistic originals and official estimates of investment in originals as recorded in the UK National Accounts.
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Film, television and radio, books, music and art.
New data is also used to estimate the value of the UK stock of artistic originals. The report concludes that approximately £1.1 billion more was invested in original artistic work in the UK in 2008 than had previously been estimated.
Combining this data with new depreciation rates suggests an upward revision of £3.5 billion to the UK stock of artistic originals in 2008.
Authors: Peter Goodridge and Jonathan Haskel