Jim McGovern welcomes Chancellor’s acknowledgement of Dundee’s games industry efforts


23 July 2014

Dundee West MP Jim McGovern has welcomed comments made by the Chancellor of the Exchequer George Osborne during the Commonwealth Games Business Conference.

In a speech which outlined the successes of the Scottish economy within Britain the Chancellor highlighted Dundee’s pivotal role in calling for and securing tax incentives for the compute games industry.

Prior to the 2010 general election Jim McGovern had called for tax incentives for the games industry to be introduced, welcoming then Chancellor of the Exchequer Alistair Darling and Secretary of State for Scotland Jim Murphy to Dundee to see for themselves the industry at work.

This led to the inclusion of tax incentives within the Labour Party’s 2010 election manifesto.

After the election the Conservative-led coalition scrapped the planned policy, leading to a two year campaign led by Mr McGovern to see it introduced.

The campaign was successful when, during the 2012 budget, George Osborne announced that tax incentives would finally be implemented.

This was finally achieved in early 2014 after it was agreed to by the European Commission.

Jim McGovern said :

“I am delighted that George Osborne has recognised the role that Dundee played in the campaign for tax incentives for the computer games industry.

“Prior to the 2010 election I was able to arrange visits by then Chancellor of the Exchequer Alistair Darling and Secretary of State for Scotland Jim Murphy.

"Despite the setback of the coalition government the two year campaign which I lead in parliament was able to convince the government that the Labour Party had been right to support this policy.

“The acknowledgement of the Chancellor of this success is very welcome.

"I sincerely hope that Dundee can now build upon the success of tax incentives for the computer games industry to find further ways of supporting and expanding this vital industry.”

 

 

 

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