Britain's gaming industry needs a power-up or risks losing its crown to France, Ireland and Australia

"Without decisive action from the Government, the UK risks losing both talent and intellectual property to other countries. France, Australia and Ireland are offering increasingly generous and accessible incentive regimes designed to attract investment."

"The festival highlights the UK's undeniable creative strength, but creativity alone will not secure long-term global leadership. The Government must step up tax relief and investment in the industry."

"Headline rates are competitive, but the system is often viewed as more complex and, in some cases, less flexible or accessible than the incentive regimes in countries such as Ireland and Australia."

The UK video games industry faces significant risks of losing talent and intellectual property to international competitors unless the government enhances tax and investment incentives. Countries like France, Ireland, and Australia are attracting studios with generous reliefs. Mandy Girder from Blick Rothenberg emphasized the need for the UK to improve its support to maintain its status in global game development. While current reliefs have supported growth, they are perceived as cumbersome compared to those offered by rival nations.

Read at Business Matters