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industry professionals from some of the big media companies law firm stocking with the nuts and bolts of the festivals. at an industry panel which we all should focus on the small british independent films and that in this time, we have the ceo for the london film commission and we have sam and we're going to be talking about the new independent film tax credit which was announced in the budgets stop by let's talk about that. just to point the context of the people, with the industry is worth, £4.2 billion last year, is an enormous british industry which is in tax credit such as this. ~ ., ., , , ., industry which is in tax credit such asthis. ~ ., ., , , ., ., as this. what does this mean to film production? — as this. what does this mean to film production? 4096 _ as this. what does this mean to film production? 4096 of _ as this. what does this mean to film production? 4096 of films _ as this. what does this mean to film production? 4096 of films under- as this. what does this mean to film production? 4096 of films under 15 i production? 4096 of films under 15 million and _ production? 4096 of films under 15 million and so _ production? 4096 of films under 15 million and so the _ production? 4096 of films under 15 million and so the classic- million and so the classic low—budget british film, it is of
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without a time frame? we must increase defence spending to deal with the increasing threats we face. but by when? we'll undertake a defence review within the first year, where we'll look at the threats we face, the capabilities we need, and we will set the plan to hit 2.5% as part of that review. labour look and sound very different on defence than they did. the question for you is how that might change your view of them, or not. chris mason, bbc news, in bury. sir keir used his speech to recommit labour to boosting uk defence spending to 2.5% of gdp — without setting a deadline. prime minister rishi sunak has vowed to hit the target by 2030 if re—elected. lets get the view of the security and intelligence industry. justin crump served in the british armed forces, he is the ceo and founder of sybilline. always good to see you. thank you
going to keep doing this. i'm going to keep going to the big slick and coming back telling the story and having you in until they take care of this insanity because let's talk about this. these kids are tremendous. they pull in anyone's heartstrings pediatric cancer accounts for 4%, 4% of the national cancer institute budget, less than 1% of the biopharma industry is recent searching development budgets. and then the last 30 years, the fda has approved 200 adult cancer drugs compared to six for kids why and what can we do? it's such a great question, and especially such a great question because we do care so much about kids. you know, there are as many children's cancers as there are adult cancers. jake and so really the national cancer institute should spend half their budget on children's cancers and half their budget on adult cancers, right so i think part of it is culture. i think just having these conversations and talking about it really is going to matter and we just have to increase
matter. i mean, the fact is that most drug development for kids does not occur in industry. it occurs in hospitals. >> let's think about what these guys rods known streets day because wriggle and heidi gardner and david pecker 25 million that really could make a difference. >> it could make it and it makes a difference. and hospitals do an enormous amount of money with this with what's raised locally and if you look at the pediatric cancer drugs that have been developed recently, there are six last 30 years. >> they all started in hospitals all of them. >> where do you find hope will advance is like crispr. this is a new genetic tool immunotherapy offer some hope to these kids were at a moment of there's going to be a greatly forward in science and new cancer drugs are going to cure people who now have terminal diseases, adults and children so where i find hope and what i hope is going to happen is that kids are going to get access to these drugs
the nci's budget it's not it's not where it needs to be where the money is, the money and private sector and bias biopharma. biopharmaceuticals. and so there we need congress to pass some laws too. in a require industry and incentivize industry to do more to study kids cancers, and they have done that in the past for other disparities, gender disparities, racial disparity. >> they have. >> so it look, nobody wants anyone to pass away from cancer but i mean, do people not see that there's a difference between a 95-year-old dying of cancer and a five-year-old dying of cancer. >> well, hopefully congress which congress is considering couple of bills now and hopefully they will see that there is a difference you put a bill in front of congress it's really hard to get some traction when there are thousands of other bills in front of congress. but i think we're doing a good job and the pediatric cancer community and hopefully hopefully it's going to work. but you know these kind of fundraising events that you put on really, really
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