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London's standing as Europe's leading destination for tech start-ups is at risk if the British government does not clarify how it plans to keep the best technical talent, entrepreneurs and investors have warned.
In an open letter to Prime Minister Theresa May, nine leading UK-based technology entrepreneurs and investors, including Skype co-founder Niklas Zennstrom, pressed the government to act to ensure a continued flow of skilled migrants after Britain leaves the European Union. It also called on the government to address EU market access and other issues.
From the letter, posted at TechCrunch:
UK startups require a commitment from the government that the investment drive of the last few years will continue in order for UK startups to maintain their lead in many areas. It is important for all the UK's business sectors that the tech sector continues to flourish, since all business now runs on and is affected by technology.
(Score: 3, Insightful) by BlackEdder on Wednesday December 07 2016, @02:21PM
Luckily the UK relies on the EU for funding into non London parts of the UK.
www.telegraph.co.uk/news/2016/06/01/mapped-where-in-the-uk-receives-most-eu-funding-and-how-does-thi/
(Score: 2) by isostatic on Thursday December 08 2016, @05:31PM
Indeed. The sad thing is that the areas that will suffer from brexit the most are those that voted for brexit. Apart from OAPs with their triple-locked pensions of course.