Tag Archives: economy

The UK may be out of the recession – but publisher bosses are mindful of a slow recovery for video games.UK GDP rose just 0.1 per cent during Q4 2009, and industry heads are wary of the prospect of a ‘double dip recession’ – where the UK economy re-enters a …

But only just; GDP up 0.1 per cent behind analyst expectations

As was expected, the ONS has confirmed that the recession that has dogged the UK economy for the last 18 months is officially over. The economy grew by 0.1 per cent in the final quarter of 2009. The growth comes after a record six successive quarters of decline – the …

Following Her Majesty’s broadcast earlier today, European video games regulator ELSPA has backed the pro-copyright and age restriction measures outlined in the Queen’s Speech. We are delighted with the commitment made today by the UK Government to tackle the widespread problem of online copyright infringement and intellectual property theft, through …

Extra time granted to enter British Council's Creative Economy Unit contest

The British economy contracted by 0.8 per cent in the last quarter – more than double the figure predicted by analysts. According to the BBC, these figures increase the annual rate of decline to 5.6 per cent, which represents the biggest fall since when records began in 1955. There’s more …

Games industry group Tiga has slammed the Labour government for failing again to back one of the principal creative industries of the future.” In his Budget speech, delivered on Wednesday in the House of Commons, Alistair Darling failed to materialise any of the promises that Tiga was looking for. Speaking …

A daring and contentious budget speech by UK Chancellor of the Exchequer Alistair Darling was punctuated with an interesting promise: the UK economy is set to grow at the start of next year. Speaking in the Commons, Darling said that GDP will grow 1.25 per cent by 2010 and climb …

Chip maker AMD saw losses widen in the first calendar quarter as the PC market went through a painful sales drought. A slump in demand for microprocessors saw quarterly sales sink by 21 per cent to reach $1.18bn, though this was still better than the previously projected result of $978 …

Game interest group Tiga has called on the government to introduce a set of schemes in the forthcoming budget that could aid the game development sector. Speaking to MCV, Tiga CEO Richard Wilson lists several measures that he feels are needed to bolster the UK’s position as a world-leader in …