Tagged: vat

UK games prices to rise thanks to government

uk_flagBad news for gamers in the UK – games prices are going to rise in the coming year! This is due to the government increasing the VAT an extra 2.5 percentage points on all retail items, which includes videogames.

Games retailers are in a dilemma as they are reluctant to raise the price of games above the now-standard £39.99 price point. They fear that there will be a consumer outcry if the price is raised.

So, what are they going to do? Nothing’s decided as of yet, but if the retailers are a saint they will be absorbing the extra cost. Otherwise, games prices are going to rise in the land of the Queen.