Film – racy, very English and liberal – put on screen (4,6)

'film' is the definition.
(1986 film)

'racy very english and liberal put on screen' is the wordplay.
I cannot really understand how this works, but
'racy' could be 'blue' (synonyms) and 'blue' is found within the answer.
'very' could be 'v' (abbreviation) and 'v' is present in the answer.
'english' could be 'e' (abbreviation) and 'e' is found within the answer.
'liberal' could be 'l' (abbreviation) and 'l' is found in the answer.
'screen' could be 'vet' (screen can mean to check or vet) and 'vet' is found within the answer.
No letters remain.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?