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How will Britain’s decision to leave the European Union affect the nation’s gaming market?
“The UK video games development sector is an export focused industry that sells content all over the globe. We have a highly skilled workforce, a creative and growing studio population, and a heritage of 30 years of success. While uncertainty is unwelcome for business, the UK video games industry will remain strong, resilient, and competitive.”
UKIE executive Jo Twist also weighed in on the subject:
“… it is important to remember that we are already a globally successful sector and a leading exporter in digital economy. UKIE will continue to work hard with colleagues in government to ensure we continue to have the best possible business environment and we will be following developments closely, as well as advising members as they unfold.”
Meanwhile, TIGA chief executive Richard Wilson spoke of the need to make sure the UK gaming industry will not be neglected once Britain officially leaves the EU:
“Following the referendum in favour of Brexit, it will be more vital than ever to strengthen (and avoid harming) those sectors where the UK has a comparative competitive advantage… including the video games sector," he said.
"For the video games industry, it is particularly important that policy makers ensure games companies have access to sufficient finance, benefit from Video Games Tax Relief and R&D Tax Relief, have clear and stable IP rights, and can access highly skilled people from outside of the UK. Any new points based migration system must not be onerous or complicated, otherwise the industry's growth could be held back.”
No doubt some welcome words of encouragement as Britain looks to begin the venture into life away from the European Union.
Let us know your thoughts on how Brexit may or may not affect the UK’s gaming industry in the forum, or leave a comment below.