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Tag Archives: uk games industry

Ukie, TIGA and ‘BGI’ comment on £23.7m Creative Industries Review funding plan

Friday’s Independent Review of the Creative Industries – commissioned by the Department for Digital, Culture, Media & Sport – was strongly in support of greater government funding for the games sector. It crucially proposed that an investment of 23.7m in the sector, targeted at smaller businesses, would deliver a GVA …

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‘Government should invest £23.7 million over five years’ in games says Creative Industries report

Today saw the publishing of the much-awaited Independent Review of the Creative Industries (IRCI), which the Department for Digital, Culture, Media & Sport (DCMS) commissioned out of the Industrial Strategy paper earlier this year. The headline statement was that the report supported calls for an extended UK games fund and …

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£73m of video game tax relief paid out in 2016-17

73m in video games tax relief (VGTR) was paid out in the 2016-17 financial year, representing an increase of 60 per cent year-on-year, according to the latest figures from HMRC. VGTR was paid out relating to 280 claims in 2016-17, which shows a growth of 115 per cent compared to …

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UK games industry worth a record £4.33bn in 2016

UK games trade body Ukie has announced that the value of the UK consumer games market reached a record 4.33bn in 2016, showing a growth of 1.2 per cent from 2015. You can read MCV’s full analysis of all the figures right here, but key headlines to take away from …

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Livingstone and Gibson call for UK government to create British Games Institute

Some of the biggest names in the UK games industry have called for a new organisation, founded with government money, to fund UK games production, culture and education. Industry veteran Ian Livingstone and investment consultant Rick Gibson have announced their blueprint for a new body called the British Games Institute. …

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UKIE prompts industry to register on its UK Games Map

Data firm Nesta and trade body UKIE have partnered to create a UK industry interactive map, and are now encouraging games firms to contribute to its development. The UK Games Map launched last Thursday and lists companies working in games across the country, based on the 2014 Nesta-UKIE report A …

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Investors shrug off Brexit video game fears

Brexit will be ‘totally irrelevant’ when it comes to UK games investment, insist leading venture capitalists. London Venture Partners and Mercia Fund Management say that the digital nature of the games business means that the Brexit result, although unfortunate, will leave UK games firms largely untroubled. It comes as UK …

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