We’ve just posted up all of the Oxford Economics-generated data being used by Games Up to lobby the UK Government for a games industry tax break as an in-depth five-part feature here at Developmag.com.
The Games Impact report was compiled by Games Up as a response to the Treasury’s request that the lobbying group prove that the games industry is vital to the UK economy and that without a tax relief it could fail.
The data, collated over the past few months as Games Up continued to raise awareness of the parallel education and training issues facing the development sector, was today filed with the Treasury.
Topline data includes the detail that the UK games industry has supported 28,000 UK jobs, contributed £1bn to GDP in this country, and contributed £419m to the UK Exchequer.
Also, the report says the UK industry has wider impacts, including spillover effects of its R&D efforts, clusters of talent in areas like Brighton, Guildford, the North East and Dundee, plus wide-ranging cultural impacts.
At the same time, Develop has the full report available to read online now, in five parts complete with data and charts.
Part one is an introduction to the report and offers an executive summary of the key data.
Part two examines the direct impact the games development sector has on the economy in terms of employment and gross domestic product.
Part three looks at the indirect effect the games industry has on the economy and its links with other industries, plus tax contributions and other wider financial effects.
Part four details the catalytic impacts the games development sector has on the UK, including the cultural benefits, regional cluster effects and the wider benefits of R&D investment.
Part five suggests alternative growth scenarios for the industry and offers a conclusion on all the data collated in the report.