Home / Tag Archives: Brexit

Tag Archives: Brexit

CONTEXT urges the channel to ensure it has contingency plans in the event of no-deal Brexit

A new report from CONTEXT report has revealed the biggest issues and trends facing EMEA tech companies in 2019. After a strong 12 months, experts are predicting continued channel growth for 2019, with digital transformation and the Fourth Industrial Revolution driving new opportunities, although “macroeconomic headwinds including Brexit will inevitably …

Read More »

UK tech sector sees weakest growth for three years thanks to “global trade frictions”

The UK tech sector experienced a difficult end to 2018, as business activity growth eased to its weakest for three years, according to the latest report from KPMG. The report points to “global trade frictions” and “Brexit-related uncertainty” as reasons for client spending slowing down. At 52.4 in Q4, the …

Read More »

Brexit deal will “secure certainty for UK’s world-class digital sector” says Digital Secretary

Despite numerous reports that any Brexit deal will result in the UK being worse off, a new statement from DCMS Secretary of State Jeremy Wright claims that the Prime Minister’s Brexit Deal will “provide the UK’s booming £130 billion digital sector with the certainty it needs to continue to thrive”. …

Read More »

John Lewis reports 99% plunge in profits

John Lewis has reported profits for the first half of of the year are down by nearly 99%. The retailer has blamed the cost of new stores and IT, coupled with heavy discounts from rivals, for the profit dive. £40 million went into matching discounts amongst rivals, revealed the department …

Read More »

UK consumers expect Brexit to trigger surge in high street prices

Nearly two thirds of UK consumers expect Brexit to trigger a surge in high street prices next year, according to new research from Parliament Street. The new survey found that nearly a quarter of consumers expect a ‘substantial increase’ in high street retail prices due to Brexit, whilst 40% expect …

Read More »

What do the latest immigration rules mean for UK retail?

Earlier this month, the government announced a number of changes to the Immigration Rules in the UK. While there have been many changes over the last few years, the British Retail Consortium (BRC) believes the latest update could signal a significant shift in the amount of retail workers coming to …

Read More »

Brace for Brexit

I know what you are thinking: ‘not another article on Brexit’ (and I would forgive you for thinking that – but bear with me). For almost three years now Brexit, and the subsequent discussions about Brexit, have been ever present in trade publications, mainstream media, social media streams and TV …

Read More »

More tech investment in London than any other European city

Flying in the face of Brexit uncertainty and despite many companies looking outside of London to set-up shop, the English capital remains the most investable place for tech firms in Europe. During 2017 more tech funding was ploughed into London than any other city on the continent. During the past …

Read More »

Demand for IT contractors is high after initial Brexit slump

Demand for IT contractors remains high despite market uncertainty. According to industry analysis by SJD Accountancy, 8.7 per cent of organisations hired more IT contactors over the past six months compared to the slight dip following the Brexit referendum. At the same time, fewer organisations are delaying contract extensions to …

Read More »

UK tech companies to meet French President for post-Brexit talks

An entourage of British tech businesses is set to meet with French President Emmanuel Macron to thrash out post-Brexit deals. Macron is seeking fresh deals regarding innovation and collaboration between the two countries regarding tech companies. Transferwise founder and tech investor Taavet Hinrikus and Monzo founder Tom Blomfield are among …

Read More »