Brexit has shaken Europe right in its fundamentals, causing a series of undesired (by many) effects on all the United Kingdom’s productive segments, including video games. TIGA, the UK video games association, has issues a press release to express his position about the referendum which allowed its native country to leave the European Union.
Dr Richard Wilson, CEO of TIGA, has said that policy makers should “ensure games companies have access to sufficient finance, benefit from Video Games Tax Relief and R&D Tax Relief” following the referendum, and can “access highly skilled people from outside of the UK”.
“The UK video games industry is a high technology sector that provides high skilled employment for over 30,000 people, including approximately 11,000 development staff and which contributes £1.1 billion to UK GDP”.
“It is also export oriented, with at least 95 per cent of studios exporting. 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: for example, aerospace, defence, high-value manufacturing and engineering, high technology industries, higher education, low carbon technology and the creative industries, including the video games sector.
“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.”
Dr Jo Twist, CEO of video games trade network Ukie, has already pointed out that such decision of leaving the European Union will have “an impact on our businesses”.
“Ukie is committed to ensuring the UK is the best place in the world to make and sell games,” she said, “and although this decision and the political uncertainty it brings will have an impact on our businesses it is important to remember that we are already a globally successful sector and a leading exporter in the digital economy.”
Rebellion’s Jason Kingsley, who also serves TIGA as Chairman, expressed his disappointment for the political uncertainty, but added that “the UK video games industry will remain strong, resilient and competitive.”