News

UK economy made $3.8bn from video games industry in 2016

UK economy made $3.8bn from video games industry in 2016

The UK video games industry provides in the region of 50,000 jobs as well as contributing $3.8bn to the country's economy.

That's according to the 'Screen Business: How tax incentives help power economic growth across the UK' report commissioned by the British Film Institute, produced by Olsberg SPI and Nordicity, that examines the impact of tax relief on the industry.

GGWP

This uses 2016 data as many areas are still working out their stats for last year.

The report indicates that $3.8bn (£2.87bn) to the economy, and employs 47,620 people.

Of that figure, 20,430 are working in games development, publishing and retail. The total is worked out when taking into account other workers in the sector, such as PR, the media and so on.

Our sister-site PCGamesInsider.Biz has the full story.


Editor - PC Games Insider

Alex Calvin launched PCGamesInsider.biz in August 2017 and has been its editor since. Prior to this, he was deputy editor at UK based games trade paper MCV and content editor for marketing and events for London Games Festival 2017. His work has also appeared in Eurogamer, The Observer, Kotaku UK, Esquire UK and Develop.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies