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Blighty's television sector will benefit from a tax break to encourage home-grown programs to lense in the country and attract overseas productions.
Chancellor George Osborne, the pol charged with care of the country's finances, revealed during his annual budget report in Parliament on Wednesday that the 20% film tax credit will be extended to high-end TV drama, videogames and animation.
"The film tax credit, protected in our spending review, helped generate over 1 billion [pounds sterling] ($1.58 million) of film production in the U.K. last year alone," Osborne said. Expanding it would, he said, not only encourage U.K. TV productions to shoot at home but possibly …