Will Great Britain Loose Harry Potter & James Bond?

After already witnessing such "quintessentially British" stories as Oliver Twist, From Hell, and The League of Extraordinary Gentlemen being filmed in Prague, the British film industry may next see the next Harry Potter and James Bond movies shot in the Czech capital, unless the government acts swiftly to provide tax incentives to Hollywood filmmakers, the Associated Press reported today.

The wire service said that British officials are consulting with the film industry about a new tax-credit plan due to be implemented next April but that many in the industry are concerned that the tax break may not be large enough to help the British film industry compete satisfactorily against its counterparts in other European countries.