Report - UK dev industry may shrink by a quarter over five years

According to a TIGA report, the workforce that makes up the UK games development industry may shrink by a quarter over the next five years.

The body released the figure as part of an 85-page document sent to the goverment over tax breaks for the industry.

In it, TIGA says the breaks would create and protect over 3,000 jobs as well as £431 million in investment.

"If the coalition government is serious about its intention of rebalancing the economy then it should invest in the UK videogames industry by introducing a tax break for games production," said TIGA CEO, Richard Wilson.

"Games tax relief would create jobs, boost investment and generate much needed tax revenue for the government. The coalition government recognises the effectiveness of tax breaks because it already supports the UK film industry with a tax credit. It should adopt the same successful policy for the video games industry to enable our sector to make a powerful contribution to UK economic growth."

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