UK VFX industry weighs the cost of Brexit

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Source: Twentieth Century Fox

The UK’s VFX houses warn that cost of visas under current Brexit proposals risks the sector’s global competitiveness

Whichever way you cut it, Brexit will curtail the competitiveness of the UK’s VFX business.

Not immediately - there is no cliff-edge awaiting firms after March 29.

But in either a deal or no deal scenario the cost of the government’s current immigration proposals could see work relocated away from Soho, denting the health of the wider creative industries.

“If there is a down-turn in the UK VFX industry as a result of a restricted talent pool, I believe the loss will not only be an economic one,” says Antony Hunt, CEO of the Cinesite Group. “The UK film industry will also lose some of the ‘soft power’ – or cultural influence –we currently have in the world. That loss cannot be quantified but will be hard felt.”

Sir William Sargent, Co-founder and CEO at Framestore, says, “We take it for granted that…

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