Finance
Britain gives planning approval to major new film studio near London
Published by Global Banking and Finance Review
Posted on November 26, 2025
2 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 26, 2025
2 min readLast updated: January 20, 2026
Britain approves Marlow Film Studio near London, aiming to boost the creative sector and economic growth, despite local council objections.
LONDON (Reuters) -Britain approved plans on Wednesday for a major new film studio to the west of London, overriding local council objections in a bid to spur economic growth with a boost to the creative sector.
The Marlow Film Studio development has become a test case for Prime Minister Keir Starmer's promise to "bulldoze through restrictive planning laws" that investors blame for making it difficult and costly to build in Britain.
A letter outlining the government's decision said the economic benefits of the plan "carry very substantial weight" and outweighed other concerns.
The decision was published shortly ahead of finance minister Rachel Reeves' annual budget, which is expected to outline tax rises in what she says are "fair and necessary choices" to speed up economic growth.
'A VOTE OF CONFIDENCE' IN UK CREATIVE SECTOR
Marlow Film Studios, which lists directors James Cameron, Sam Mendes and Paul Greengrass among supporters, intends to build 470,000 square feet of soundstages across 56 acres on a disused landfill site next to a busy road.
Robert Laycock, CEO of the 750 million pound ($986 million) project, hailed the decision as a "real vote of confidence in the UK and its creative industries", saying it would attract global investment.
The government has identified British film and TV production - which rivals Hollywood in capacity and has made blockbusters including 'Barbie', the Harry Potter series and 'Deadpool & Wolverine' - as a sector that deserves support.
Also in the west London film cluster are Warner Brothers in Leavesden, where much of 'Barbie' was shot, and Pinewood Studios, where James Bond, Marvel and Star Wars films have been made.
The plans had previously been rejected by Buckinghamshire Council, which said there was insufficient evidence to justify the studios being built on "green belt" land intended to prevent urban sprawl into the countryside.
($1 = 0.7599 pounds)
(Reporting by Alistair Smout; Editing by Catarina Demony and Gareth Jones)
Economic growth refers to an increase in the production of goods and services in an economy over a period of time, typically measured by the rise in Gross Domestic Product (GDP).
A film studio is a company or facility where films are produced, including stages for filming, equipment, and resources for post-production activities.
Urban sprawl is the uncontrolled expansion of urban areas into the surrounding rural land, often leading to increased traffic, environmental degradation, and loss of agricultural land.
A budget is a financial plan that outlines expected income and expenditures over a specific period, helping individuals or organizations manage their finances effectively.
Explore more articles in the Finance category
