The reccession and the effect on the animation industry

The recession has had an impact on the animation industry. Most animation industries in london are very small and do not tend to take on new people. This is because they can not afford it. They are struggling to even find work. This is because most companies are working on short series. Series unfortunately have to come to an end at some point. Not only that the jobs that the people in London are working on are jobs that have been given to them from oversees. Because of the economic down turn it has resulted in companies going into administration because they can not simply afford the overheads. Another unfortunate thing is that in the uk animation companies do not get a lot of tax breaks. Tax breaks is basically anything that reduces the amount that companies or an individual has to pay to the government. In other European countries such as Germany, the government does a lot to help them with taxes.