UK technology companies support remaining in the EU

By Kirti Khanna

A survey of technology businesses found that 70 percent support the UK remaining a member of the European Union. The poll, carried out by techUK, found that just 15 percent of tech firms came out in favour of a decision to leave whilst 15 percent said they were undecided.

Julian David, CEO of techUK, commented: “UK tech is thriving, creating jobs almost three times faster than the rest of the economy. The vast majority of our members say that being in the EU supports that growth. Open markets and cooperation are good for business. This is not about fear, it is about opportunity – a market of 500 million consumers.”

Respondents in favour of remaining said that EU membership makes the UK more attractive to international investment, gives companies a better deal on trading relationships within the EU and makes the UK more globally competitive.

The majority of respondents said they would still have to comply with EU rules even if the UK left the EU as they sell products and services in the EU. David added: “Most of these companies, large and small, have customers and or suppliers across the EU. They are saying they will still have to comply with EU rules, whatever the UK decides on 23 June. A British exit would mean the UK giving up control over how those rules are set. That could put UK businesses at a real disadvantage.”

Follow @BizReviewEurope

 

Share

Featured Articles

Meet the COO: Brook Sims of MAC Diversity Recruiters

Passionate about helping others find their voice, diversity leader and COO Brook Sims talks powerful leadership, diverse teams and being a change agent

Best business books to improve leadership strategy

From strategic guides to inspiring CEO memoirs, these new books dish up plenty of principles, strategies, and anecdotes to help you become a better leader

Shoplazza founder and CEO Jeff Li, ex Baidu, on leadership

Named in Fortune China’s 40 under 40 for 2022, former Baidu head Jeff Li is the entrepreneurial founder and CEO of ecommerce platform Shoplazza

The office shifts to new way of working – workplace special

Leadership & Strategy

Trailblazer: Clorox's DEI leader Shanique Bonelli-Moore

Sustainability

The inspirational CEO story – Dean Forbes of Forterro

Leadership & Strategy