The seventh movie in the sci-fi series is due to start production next year and is scheduled for release in 2015.
Chancellor George Osborne met executives from Disney-owned Lucasfilm in London earlier this year to discuss the plans and the production is thought to be eligible for a tax break.
Speaking at a meeting of the G7 group of industrialised nations, the chancellor said: “I think it is a real vote of confidence in Britain’s creative industries and a big movie like that – one of the most famous, perhaps the most famous movie franchise in the world – brings with it not just jobs for actors and directors and so on, but for all the other people who have put together an enormous movie.”
Kathleen Kennedy, Lucasfilm president, said: “We’ve devoted serious time and attention to revisiting the origins of Star Wars as inspiration for our process on the new movie, and I’m thrilled that returning to the UK for production and utilising the incredible talent there can be a part of that.”
Hundreds of films have benefitted from tax relief in recent years, which require that at least 25% of the total production expenditure takes place in the UK. Relief can be claimed on production expenditure in the UK, up to a maximum of 80% of the total budget.
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