Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of potential impact of the UK Games Fund on (a) employment, (b) investment, (c) studio formation and (d) IP development.

DCMS is currently evaluating the impact of the updated UK Games Fund, which is providing £13.4million over 2022-2025 to accelerate the growth of the UK games sector. In 2023, an independent evaluator, Alma Economics, was procured to produce a process, impact and economic evaluation of the fund between 2022-2025. This evaluation is due to be completed in Spring 2025 and will assess the impact of the fund across a range of metrics, including employment, investment, business formation and growth, and IP development.

It will also review the longer-term impact of earlier funding administered from 2015 onwards. A previous evaluation of the UKGF in 2019 found that the UK Games Fund had an estimated return on investment of £5 for every £1 spent.