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posted by on Wednesday December 07 2016, @12:49PM   Printer-friendly
from the can't-blame-them-for-trying dept.

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.


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  • (Score: 2) by isostatic on Thursday December 08 2016, @05:22PM

    by isostatic (365) on Thursday December 08 2016, @05:22PM (#438770) Journal

    One of the main reasons for the brexit vote was the vast inequalty of government subsidies for projects in London as opposed to other parts of the UK.

    You know that the UK government puts lots of money into infrastructure projects in London, and little elsewhere
    You know that the EU government puts lots of money into infrastructure projects outside the south east, and little in London

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