This is all set against a backdrop of immense difficulties for UK independent producers and filmmakers, with production budgets up by around 20%, a reduction in market value of independent films and box office uncertainty, all accelerated by the global pandemic and the rising influence of the deep-pocketed US streamers.
The BFI Film Fund, BBC Film and Film4 have annual budgets of around £25m, £11m and £25m respectively. By comparison, Netflix gave UK filmmaker Jeymes Samuel £65m to make his first feature, The Harder They Fall, for which he won this year's Bafta for best British debut. His budget was more than the UK’s three public funders annual spend, combined. To continue reading click here