Chancellor George Osborne is excited about a new Star Wars spin-off, but not in the same way sci-fi geeks are. In fact, he announced the news that it would be filmed in the U.K via Twitter with the hashtag “#LongTermEconomicPlan”. Exciting, huh?

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The spin-off, which has been rumoured to centre on one of Star Wars’ iconic supporting characters; Han Solo and Boba Fett have been heavily rumoured. Mr Osborne said: “Lucasfilm and Disney’s decision to shoot the Star Wars standalone movie in the UK is testament to the incredible talent in Britain,” in a statement. “This will mean more jobs and more investment. It is great news for people working at Pinewood Studios, from the set designers to the carpenters.”

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Episode VII, the long-awaited reboot, directed by J.J Abrams following Disney’s purchase of all things Star Wars, is currently shooting in the U.K. It follows the trend of many U.S filmmakers who advantage of UK tax incentives to make movies in Britain.

“As Chancellor I have been determined that we back our brilliant creative industries which is why we have invested in skills and training as well as providing tax relief for films, high-end TV, animation, video games and regional theatre. The further changes the government made to the film tax relief at Budget 2014 will support our highly skilled, innovative creative sectors so that they continue to thrive and encourage more films to be made in the UK,” continued Osborne in the statement.

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Star Wars: Episode VII, starring franchise stalwarts Harrison Ford, Mark Hamill and Carrie Fisher  as well as rising stars Oscar Isaac, Lupita Nyong'o and Adam Driver, is set to hit cinemas on December 18, 2015.

Star Wars Script Read ThroughThe Cast of Star Wars Episode VII At The First Script Read-Through