Chancellor George Osborne announced the Budget today, setting out the government's tax and spending plans for the next year and beyond.
The Budget introduces a number of general measures which will have the effect of boosting small- and micro- studios and developers. As our Blueprint for Growth noted, some 95% of games companies are SMEs. The most eye-catching proposals are cuts to business rates and stamp duty for lower-value properties, as well as some targeted support for the digital economy.
Responding to the announcements, Ukie CEO Dr Jo Twist said:
The Migration Advisory Committee (MAC), an expert panel of government advisers, has published its recommendations on reducing skilled immigration, following a review held last year. It has recommended relatively modest changes to the immigration system.
2015: A Year in the Political Game
Before heading off for a holiday break, we took a look back at some of the highlights from this year of games industry engagement with government, parliament and UK politics.
We'd like to thank all of our members for their help throughout the year getting more recognition and support for our industry. None of what we do would be possible without you.
Tax Reliefs and Access to Finance come under scrutiny
Two new consultations have been announced to run into the New Year, on the issues of tax reliefs and access to finance. If you would like more information on either issue, email Andy.
Labour review of Tax Reliefs
What the Spending Review 2015 means for games - reforms to exports, apprenticeships, public funding and broadband
What the Spending Review 2015 means for games - reforms to exports, apprenticeships, public funding, broadband
Chancellor George Osborne published the Comprehensive Spending Review today, setting out the government's spending plans for the next three years. As expected, the Chancellor outlined substantial reductions in public sector spending but alongside those several announcements were made which are important for the games industry:
Ukie welcomes £5m Mayor of London Digital Skills Fund
The Mayor of London has launched a new £5m programme, which will fund access to digital skills for young people across the Capital, ensuring the future of the London's thriving technology sector. Alongside this programme was the release of the Computing Curriculum Guide, which Ukie are proud to have collaborated with the London Enterprise Panel (LEP) and the Education Foundation thinktank to produce.
Parliament turns out for Ukie's Westminster Games Industry Day
On Tuesday 3 November, Ukie are hosting the first ever Westminster Games Industry Day in Parliament, in partnership with the All Party Parliamentary Group for Video Games, Ubisoft, Activision Blizzard, Google, EA and King. It is the first day of its kind, and will see games industry leaders enter the palace of Westminster to meet, educate and lobby MPs and Peers towards the needs of the UK games industry.