DCM aware of financial issues facing UK's game industry

GamesIndustry has been told by the UK government's Department for Culture, Media and Sport that it is "fully aware of the issues facing the videogames industry" from overseas competition, but any decision on development tax breaks will be taken by Number 11.

"We are fully aware of the issues facing the videogames industry and are working across Government to explore sector specific incentives, although decisions on tax policy remain a matter for the Chancellor," said a spokesperson.

"We are in the process of arranging a videogames roundtable which will provide an opportunity for industry to discuss their concerns in more detail and explore possible solutions."

Tiga's Richard Wilson wrote to Lord Mandelson on the issue this week, which we posted yesterday and can be viewed here.