Take-Two gets massive subsidies to make "british games". Namely the "british cultural game" Grand Theft Auto. How!? Yes, how is GTA a british game? Well you see Take-Two bought Rockstar, which itself was a formerly a fully UK owned company.
Now Take-Two has turned around and is buying out one of the UK's few remaining publishers. No doubt the UK will now pay Take-Two yet more generous subsidies to keep Codemasters running.
The UK government is literally taxing domestic industries to subsidize an over seas corporation to further buy out UK industry. This is not a cohesive plan. The last thing the UK needs is to hollow out yet more industry.