UK games sales hit record £5bn thanks to Nintendo Switch and VR

Fans splash out on consoles, virtual reality headsets and events as they defy spending gloom

The UK games market broke the £5bn sales mark for the first-time last year as Nintendo’s new hybrid Switch console boomed and virtual reality headsets flew off the shelves.

Gaming fans forked out £5.11bn on consoles, games, hardware such as headsets and attending events – a 12.4% year-on-year rise – as the sector defied a wider downturn in consumer spending.

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Nintendo’s share price hits seven-year high as Switch sales soar

Hybrid between a home console and a handheld machine looks set to be games company’s first big hit since the Wii

Nintendo’s share price has hit its highest point in seven years, thanks to booming sales of the new Switch, its hybrid between a traditional home console and a handheld gaming machine.

The company’s share price is up 102% year on year as the Switch looks set to be the company’s first bona fide hit since the Wii hit the shelves more than a decade ago.

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