British developers assoc. Tiga today called for a helping hand from the UK govt.

Richard Wilson, CEO of Tiga, said, “The credit crunch, turmoil in the financial markets and declining economic activity constrain a government’s fiscal room for manoeuvre; but constraint is not the same as paralysis. Just as the Ontario administration is supporting its games developers in the midst of difficult economic conditions, so the UK government should back its video games industry.

“UK video games developers have a skilled workforce; experienced management teams; and an effective approach to outsourcing. UK games businesses offer high quality games, produced on time and at great value. The 14% decline in the value of sterling against the dollar over the last 10 months has enhanced the inherent value and competitiveness of UK games developers.

“The UK government can build on these competitive advantages in the Pre-Budget Report by announcing a consultation on the merits of a tax credit for games production and eventual reductions in corporation tax. Consultation on these measures would give a powerful signal of support to the UK games industry. Implementation of these ideas in the March 2009 Budget would provide a potent fillip to the UK games development industry.”