The document summarizes the recent wave of successful low-budget British horror films since the early 2000s, including films by Danny Boyle, Edgar Wright, Neil Marshall, and Christopher Smith. It discusses how British horror films have developed a gritty realism due to their limited budgets compared to big-budget American films. However, some filmmakers believe British horror may struggle to reach a global audience or produce a major international hit on the scale of popular American horror franchises, due to their cultural specificity and lack of major Hollywood stars.