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ARTICLE · 16 JANUARY 2017

What Brexit Means For Technology

Gowling WLG
Gowling WLG
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Gowling WLG

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Looking at the immediate and longer term prospects for US tech businesses operating in the UK, it's very much a tale of two halves.

United KingdomInternational Law

Looking at the immediate and longer term prospects for US tech businesses operating in the UK, it's very much a tale of two halves - right now where all the talent and opportunity is still exactly the same but coupled with a cheap pound and, at the end of the Brexit negotiations, whenever that may be.

As things stand, despite all the prevailing uncertainty caused by the Brexit vote, nothing has actually changed from a regulatory perspective and with a falling pound, London continues to be a highly attractive and indeed cheaper prospect for ambitious start-ups, the giants of the tech world and the investment community. The sector of course thrives on immediacy so it's unsurprising US companies don't appear massively fazed by the prospect of a two-year Brexit negotiation period, though that could of course change if a deal isn't done before 2020 as is currently envisaged. And some of the tech giants are signaling their faith in the UK tech economy by upscaling their

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