22nd Mar 2006 15:37
Pinewood Shepperton plc22 March 2006 22 March 06 Response to Budget 2006: Reform of Film Tax Relief Pinewood Shepperton welcomes the enhanced measures announced in the Chancellor'sBudget today, which provide an end to the uncertainty that has surrounded filmproduction in Britain and a fiscal framework that will encourage a sustainableBritish Film industry in future years. Commenting on this announcement, Ivan Dunleavy, CEO of Pinewood Shepperton said: "This builds upon the news in the Pre Budget Report. It creates certainty forour customers who will welcome this announcement. It is a meaningful incentivethat will encourage inward investment and sustainable British film production.We are delighted that the Government has shown ongoing support for our industrywhich provided £3.1bn to the British Economy in 2004 and a commensurate returnto the Exchequer." Notes to Editors Pinewood Shepperton plc is the leading European provider of studio and relatedservices to the film and television industries with facilities across threestudio sites at Pinewood, Shepperton and Teddington. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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