Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror

Submission + - Brexit Will Have a Disastrous Effect: Tech Companies Will Feel the Pain (informationweek.com)

dkatana writes: Most of the business and tech communities in the UK supported the "Remain" campaign, as did well-respected academics, artists, politicians, and scientists. Still, many voters saw the EU as a source of unwanted immigration, burdensome regulations, and a costly club.

UK tech firms will no longer be able to bid on European public works projects. They will face more dofficulties hiring foreign workers. And new trade agreements and data protection laws woill have to be enacted.

London will suffer the most as the de facto startup and financial capital of Europe. Many fintech and startup firms will look elsewhere to secure their place in Europe and access both the market and EU public funds.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Brexit Will Have a Disastrous Effect: Tech Companies Will Feel the Pain

Comments Filter:

When your work speaks for itself, don't interrupt. -- Henry J. Kaiser

Working...