Jacobi continued to play Shakespeare roles, notably in Kenneth Branagh's 1989 film of "Henry V" (as the Chorus), and made his directing debut as Branagh's director for the 1988 Renaissance Theatre Company's touring production of "Hamlet", which also played at Elsinore and as part of a Renaissance repertory season at the Phoenix Theatre in London. The 1990s saw Jacobi keeping on with repertoire stage work in "Kean" at the Old Vic, "Becket" in the West End (the Haymarket Theatre) and "Macbeth" at the RSC in both London and Stratford. In 1993 Jacobi voiced Mr Jeremy Fisher in "The World of Peter Rabbit and Friends".