That's Good Shooting

James Bond has saved the day again. But this time he needed help from a boy wizard — and the tax code. After a slump that had the muggles using words like crisis and disaster, Britain's film industry is back and (almost) better than ever. Films like Casino Royale and Harry Potter and the Order of the Phoenix have made 2006 the second-best year on record for the industry. According to figures released Jan. 15 by the UK Film Council, $1.65 billion was spent on making 134 films wholly or partly in Britain last year — 48% more than the $1.12...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!