Growth expected in UK games sector

Recent research by TIGA has found that the majority of development studios intend to increase staff numbers in 2018, and that the business environment is favourable for games development in the UK.
However, there is also an air of caution for the future.

An inability to secure affordable funding continues to be a barrier to growth.

Dr Richard Wilson, the TIGA chief executive, said, “Games tax relief effectively reduces the cost and risk of games development and incentivises investment and job creation in the games industry. However, the clouds of Brexit and the UK’s relative economic slowdown are beginning to cast shadows on our games industry.”

If you’d like advice or support on any financial or taxation matter, contact our technology team today.