National Film Finance Corporation
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The National Film Finance Corporation (NFFC) was a film funding agency in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
in operation from 1949 until 1985. The NFFC was established by the Cinematograph Film Production (Special Loans) Act 1949, and further enhanced by the Cinematograph Film Production (Special Loans) Act 1952, which gave the NFFC the power to borrow from sources other than the Board of Trade. The NFFC was abolished by the Films Act 1985. The lawyer
John Terry John George Terry (born 7 December 1980) is an English professional football coach and former player who played as a centre-back. He was previously captain of Chelsea, the England national team and Aston Villa. He was most recently the a ...
(from 1976, Sir John) served as the NFFC's manager for twenty years from 1958 to 1978. During that time, he helped to secure the backing for hundreds of films launching the careers of director Ridley Scott and producer
David Puttnam David Terence Puttnam, Baron Puttnam, CBE, HonFRSA, HonFRPS, MRIA (born 25 February 1941) is a British film producer, educator, environmentalist and former member of the House of Lords. His productions include ''Chariots of Fire'', which wo ...
, among many others. The NFFC acted as a lender of last resort for the film industry however, in the early 1970s, the government reduced its funding so it started to operate as a consortium, including with banks, with
National Westminster Bank National Westminster Bank, commonly known as NatWest, is a major retail and commercial bank in the United Kingdom based in London, England. It was established in 1968 by the merger of National Provincial Bank and Westminster Bank. In 2000, i ...
a big investor. This change led to the NFFC using more commercial criteria for funding British films. John Terry was succeeded in 1979 by film maker
Mamoun Hassan Mamoun Hassan (12 December 1937 – 29 July 2022) was a Saudi-born British screenwriter, director, editor, producer and teacher of film who held prominent positions in British cinema during the 1970s and 1980s, frequently backing experimental work. ...
who changed the direction of the NFFC: "Hassan is the nearest thing to a whizz-kid that this country's film establishment has yet produced. (Indeed, to be strictly technical, it did not produce him, since Hassan is Saudi Arabian and has had an independent and international career as a film-maker.) Hassan has replied to early salvoes aimed at his policies by firing back at his detractors with more spirit than one has ever known from the NFFC before, in its generation-long history." Prior to leaving the NFFC,
David Robinson David Maurice Robinson (born August 6, 1965) is an American former professional basketball player who played for the San Antonio Spurs in the National Basketball Association (NBA) from 1989 to 2003, and minority owner of the Spurs. Nicknamed ...
of ''
The Times ''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' (f ...
'' commented: "Certainly Hassan's five and a half years at the Corporation have been characterized by independence and vim. His enthusiasm, pugnacity, taste and passionate championing of an indigenous cinema have made him a significant figure in the progressive areas of British cinema." Hassan left the NFFC in 1984 to return to film production.


See also

* Eady Levy


References


External links


Finance legislation
from the
BFI The British Film Institute (BFI) is a film and television charitable organisation which promotes and preserves film-making and television in the United Kingdom. The BFI uses funds provided by the National Lottery (United Kingdom), National Lot ...
1949 establishments in the United Kingdom 1985 disestablishments in the United Kingdom Organizations established in 1949 Organizations disestablished in 1985 Film organisations in the United Kingdom {{UK-org-stub