Gambling

(asked on 11th February 2025) - View Source

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

To ask His Majesty's Government what steps they are taking to support the development of new gaming hubs across the UK.


Answered by
Baroness Twycross Portrait
Baroness Twycross
Baroness in Waiting (HM Household) (Whip)
This question was answered on 25th February 2025

The Government recently announced £5.5 million funding for the UK Games Fund (UKGF) for 2025/26, which will provide grants to early-stage studios across the UK to develop new intellectual property, and deliver the graduate talent development programmes Tranzfuser and Dundee Development (DunDev).

Video games companies can also benefit from the Video Games Expenditure Credit, which allows studios to claim expenditure credit at a rate of 34% of their qualifying expenditure, and the Create Growth Programme, which supports high-growth potential creative businesses in 12 English regions outside London to scale up and become investment ready.

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