UK Games Industry Begins Recovery, According to New TIGA Survey

Mobile gaming, tax relief and the rise of small studios credited.

Posted By | On 18th, Mar. 2013

UK Games Industry Begins Recovery, According to New TIGA Survey

Games development, at least in the UK, has begun to turn around according TIGA who performed a survey on the industry for the year 2012. It showed that employment of creative staff rose by 4 percent, from 8,888 in 2011 to 9,224 in 2012 as the total number of studios increased from 329 to 448.

Investment was also up from £16 million to £427 million on an annaul basis with the gaming industry’s contribution UK’s GDP increasing by £35 million to £947 million.

CEO of TIGA Richard Wilson attributed the recovery to the rise of mobile devices, tax relief for game studios and rise in smaller companies for this success. “However, the UK games industry suffered badly during the last four years without Games Tax Relief: developer headcount and investment levels remain below the 2008 peak.

“Additionally, start-up studios are vulnerable. At least 21 per cent of start-ups in 2010 – 12 have already gone under. Our challenge now…is to help build sustainable independent games development and digital publishing businesses.”

TIGE chairman and CEO of Rebellion Jason Kingsley stated that, “The UK games development sector is back on track.

“Mobile and internet based gaming provide opportunities for growth, we have access to a highly skilled and creative workforce, and TIGA’s Games Tax Relief will give a further boost to employment and investment from April 2013. The UK has everything to play for.”


Tagged With: , ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

15 Most Amazing Games That Have Disappeared

15 Most Amazing Games That Have Disappeared

They set the stage on fire when they were revealed, but now, these games are nowhere to be seen.

OlliOlli, Rollerdrome Studio Roll7 is Reportedly Being Shuttered

OlliOlli, Rollerdrome Studio Roll7 is Reportedly Being Shuttered

The studio, which was acquired by Private Division in 2021, is being shuttered as part of Take-Two Interactive...

15 Upcoming Games of May 2024

15 Upcoming Games of May 2024

Before the world lines up to see what the future of gaming has to offer in June, check out some of the biggest...

10 Crazy Things Players Can Do in Fallout 4

10 Crazy Things Players Can Do in Fallout 4

You could go the normal route of trying to find the Sole Survivor's child, or take a walk on the wild side wit...

Final Fantasy 7 Rebirth is the Fourth Best-Selling Game of 2024 in the US

Final Fantasy 7 Rebirth is the Fourth Best-Selling Game of 2024 in the US

Throughout the long history of Final Fantasy releases, it ranks 14th in lifetime dollar sales. Final Fantasy 7...

Starfield is Finally Getting a Land Vehicle

Starfield is Finally Getting a Land Vehicle

Mod support is also getting some new details soon, with Bethesda sending access to creators for the Creation K...