My piece for The Register on early reactions to Brexit and Theresa May’s new government, based on interviews with 10 companies, finds that a few have already decided to move new investment away from the UK. Nothing major, and none talked about shifting existing work from Britain; but there is a lot of worry about the supply of European techies being closed off.
Adam Hale, chief executive of Fairsail, says: “If we can’t hire the right number of people, or it becomes harder to hire EU nationals, our only alternative will be to offshore some or significant amounts of development.” On a more personal level, some people who run start-ups are thinking about whether they belong elsewhere. Daniel Rovira, a London-based Swedish national who runs Itcher, is thinking about Barcelona: “You feel a little bit not wanted in a country you came to think of as your home,” he says of Britain. Continue reading “Brexit: tech firms start moving investment from UK”