The trade body for the gaming industry has said video games could play a valuable role in supporting an export-led recovery for the UK.
TIGA has published a new report showing how the games development sector, which has a cluster of international firms based in the West Midlands, has a very high propensity to export.
Philip Oliver, chief executive of Leamington Spa-based Blitz Games Studios, said: “UK games developers can play an important part in rebalancing the economy away from the over-dependence on public sector employment and financial services that we have seen in recent years.
“Games development is a high technology, low carbon, export-oriented industry.
“My own business Blitz Games Studios generates a large percentage of its turnover through the export of games.”
He repeated his calls for a games tax relief measure to be introduced in the Emergency Budget.
“If the UK coalition government invests in the video games sector by introducing a games tax relief, our industry will generate more jobs, more investment and export more, benefiting both the industry and the wider UK economy.”
TIGA chief executive Richard Wilson said the UK economic recovery needed to be export-led and that the video game development sector could play a valuable role in achieving this objective.
He said: “TIGA’s research shows that 91 per cent of UK games developers export their products, compared to just one third of small and medium-sized enterprises generally.”