In this opinion piece, Russ Shaw, founder of Tech London Advocates and Global Tech Advocates, argues why the UK government needs to do more to support the UK’s burgeoning technology sector.
Just yesterday, the Prime Minister committed additional funding to the UK tech sector along with another thousand visas for world-class talent. Whilst policymakers and journalists celebrated the return of tech to the agenda of Number 10, the response from tech entrepreneurs, founders and businesses was somewhat more subdued.
Why? Research from tech leaders in London has shown that the capital’s fastest growing industry is already feeling the strain of Brexit. One in three tech companies has experienced a potential hire fall through as a direct result of Brexit. Two thirds believe Brexit has negatively damaged London tech’s global reputation, having a direct impact on investment and sales opportunities....