Chancellor Jeremy Hunt announces 40% UK tax relief for independent films with budgets under £15m, supported by film directors Nolan, Curtis, and Fennell.

Film directors Christopher Nolan, Richard Curtis and Emerald Fennell welcome new UK tax relief for independent films, with Chancellor Jeremy Hunt announcing 40% relief on gross business rates for eligible English studios until 2034, focusing on films with budgets under £15m. The relief aims to boost independent filmmaking and provide new opportunities for British crews, filmmakers, and cast members.