Feeds

Games trade group blasts budget

Failed to back the games industry, apparently

High performance access to file storage

The head of games developer trade organisation Tiga has slammed the government’s latest budget, labelling it a missed opportunity to support the UK’s gaming industry.

Richard Wilson, Tiga’s CEO, said it’s “disappointing that while Alistair Darling plans to spend £671bn over the coming financial year, he could not find the £150m over five years to invest in the tax break for games production”.

In the days preceding the budget’s announcement, Wilson called for the government to introduce a 20 per cent tax break on games production in the UK.

Wilson’s since labelled videogames as a “growing sector”, adding that the UK’s own games development sector is “world-beating”.

But the latest budget may not be all bad news for the UK gaming industry. It contained a £750m Strategic Investment Fund, of which £50m will go to the Technology Strategy Board (TIB) and a further £10m to the UK Trade and Investment (UKT&I) body.

TIB helps promote “technology-enabled innovation” across the UK, while UKT&I helps local firms compete in international markets and assists overseas businesses to bring high-quality investment to the UK.

These two groups, Wilson said, have already benefited some UK game developers. The allocation of yet further funds can then only be a good thing.

“We hope that some of this additional money for UKT&I will be made available to help even more games businesses attend overseas trade shows in the future,” Wilson said. ®

High performance access to file storage

More from The Register

next story
Report: Apple seeking to raise iPhone 6 price by a HUNDRED BUCKS
'Well, that 5c experiment didn't go so well – let's try the other direction'
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Nvidia gamers hit trifecta with driver, optimizer, and mobile upgrades
Li'l Shield moves up to Android 4.4.2 KitKat, GameStream comes to notebooks
AMD unveils Godzilla's graphics card – 'the world's fastest, period'
The Radeon R9 295X2: Water-cooled, 5,632 stream processors, 11.5TFLOPS
FOUR DAYS: That's how long it took to crack Galaxy S5 fingerscanner
Sammy's newbie cooked slower than iPhone, also costs more to build
Sony battery recall as VAIO goes out with a bang, not a whimper
The perils of having Panasonic as a partner
NORKS' own smartmobe pegged as Chinese landfill Android
Fake kit in the hermit kingdom? That's just Kim Jong-un-believable!
Gimme a high S5: Samsung Galaxy S5 puts substance over style
Biometrics and kid-friendly mode in back-to-basics blockbuster
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.