UK gets tax breaks for games industry.

[Kantor]

kowenicki said:

Mr Khan said:

kowenicki said:

Mr Khan said:
One wonders if the United Kingdom is in position to afford this...

we are in as good (bad) as a postion as anyone to do this.  The budget was neutral, so it has been paid for somewhere else.

Y'all balanced your budget? radical. Didn't seem like the austerity was that earth-shattering...

no... we havent balanced our budget. 

These financial annoncements are called the "Budget", it sets out the countries finances for the folliwng year.   This years budget is tax neutral, so the giveaway for the games industry is taken from somehwere else.  It isnt new money. 

Though we have made some headway... Borrowing this year is set to be £126bn... £1bn less than forecast in previous statement. Predicted to be £120bn in 2012-13 and £98bn in 2013-14. Forecast to fall to £21bn by 2016-17.

Which is still, of course, considerably greater than zero, our initial target. Still, though, the Budget was good and everything isn't quite as bad as everyone thought, which is always nice.

OT: Hooray! I'm pretty sure second place is out of reach permanently now, but maybe we can overtake Canada to regain third. I don't see that the loss of GAME will make much of a difference. People will just shop elsewhere.