UK Government Urged to Bolster Support for Thriving Video Games Industry

The UK video games industry has experienced remarkable growth over the past decade, with a significant increase of over 30% in active games companies since 2016, as evidenced by the updated UK Games Map. This growth has sparked interest from investors, regulators, and governments, with the EU acknowledging the value of the video game ecosystem and its potential for growth and innovation. Despite some negative perceptions, much of this interest is overwhelmingly positive. As the UK approachs nearly a decade since the introduction of Video Games Tax Relief, the model has proven so successful that it is being replicated internationally. The UK ecosystem remains competitive and healthy, with diverse talent and high-quality courses, making it an attractive hub for creatives. However, it is essential to recognize that this success is not limited to specific regions, as the industry delivers jobs and local economic value across the UK. The newly developed Games Map, created with the support of the BFI and Discover Uni, has been instrumental in telling the industry's story and highlighting concerns to Parliamentarians. The map has also been utilized by international companies, investors, and students seeking local opportunities. As the UK Government reviews the screen tax reliefs, including the Video Games Tax Relief, it is crucial to protect and improve the scheme. The UKIE has been consulting with members, the wider industry, and the Government to understand concerns over proposed reforms and their potential impact on the industry's competitiveness. A survey is currently live to capture the widest range of views possible. The UKIE's mission is to maintain the UK as the premier location for making, playing, and selling games, and it is vital to comprehend the implications of proposed changes on businesses and the industry as a whole. The ultimate goal is for businesses to thrive, create innovative games, employ a diverse range of people, and have a meaningful impact on culture, economy, and society. While the review begins with tax, it extends beyond that, and the industry faces numerous challenges. The UK Government has a critical opportunity to champion this unique sector and ensure its long-term security in uncertain economic times. The survey will close soon, and it is essential to participate and add your views to the UKIE VGTR survey.