Channel Islands lose VAT-loophole court challenge

Jersey and Guernsey has lost their judicial review of the UK Government’s decision to end Low Value Consignment Relief. Low Value Consignment Relief is a tax loophole which means online retailer that operate out of the Channel Islands – including The Hut Group, Play.com and Amazon – do not have …

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Blaze confirms £500 price tag for NeoGeo X

Retro gaming specialist Blaze has told MCV its planned 500 price tag for the NeoGeo X is accurate, contrary to other reports circulating online. Games news website Eurogamerposted a story suggesting the 500 price tag is innacurate. It also said a Blaze spokesperson confirmed this. However, Blaze has told MCV …

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OPINION: About that MCV cover…

GAME’s communications boss called me earlier. I am not a popular person at the retailer’s Basingstoke HQ right now. And for good reason. I’ve had hate mail from some of GAME’s 6,000 employees this morning. I am not a popular person at the retailer’s 600 shops right now. And for …

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Argos sales decline 8.5%

Home Retail Group has revealed that its Argos chain suffered an 8.5 per cent decline in like-for-like sales for the eight weeks ending March 3rd. Overall sales fell 7.7 per cent to 480m. The numbers were apparently driven by the continued weakness in the consumer electronics market”. 12 stores were …

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New NeoGeo X handheld console confirmed

The rumoured NeoGeo portable is real and will launch in Q2 2012. UPDATED: New picture and revised game list. Video game accessories and retro console specialist Blaze has struck a deal with Japan’s SNK Playmore and US distributor Tommo to bring the NeoGeo X handheld console to market. It will …

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Molyneux on Kinect: "We expected too much, too soon"

Days before walking away from both Microsoft and his own studio Lionhead last week, Peter Molyneux admitted that the public were too quick to judge Microsoft’s Xbox 360 Kinect technology. It’s just like any piece of new technology or invention, whether it’s a bike, a motorcar, or a flying machine. …

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