Dame Caroline Dinenage

Dame Caroline Dinenage

Conservative — Gosport

Speaking in the House of Commons on 27 February 2025

Debate

Video Games Industry: Gross Value Added

Contribution

The Secretary of State is right: the video games industry is a great British success story. It contributes £6 billion a year to our economy and 73,000 jobs, many of which are outside London, from Dundee to Brighton—it really is right across our nations. However, there are growing concerns that the UK is losing its competitive edge. Our tax relief rates have dropped below those of Ireland, France, Australia and Canada—all our biggest competitors in this sector. What is the Secretary of State doing to really push the Treasury to ensure that our video games expenditure credits and everything else are up to date so that we retain our competitive edge in this vital sector?

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