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LONDON’S TECH SECTOR PLAYS DOWN BREXIT FEARS

 

 

On Oct 11 2018, MarketOrders attended a roundtable hosted by Business Cloud to discuss the impact of Brexit on the UK tech scene.

 

The event hosted in the capital heard from the heads of fast-growing technology businesses, who remain defiantly optimistic in the face of Brexit uncertainty but admit that recruitment will be a challenge.

 

Our COO, Sukhi Jutla, commented she was optimistic because entrepreneurs are pragmatic and have a ‘can-do’ attitude, they will adapt and survive. This sentiment was echoed by the other entrepreneurs in the room.

 

Read the article below which captures the key points raised and discussed:

 

London’s start-ups will find it more difficult to find and retain technology talent after Brexit – but tech leaders remain upbeat in the face of uncertainty.

 

That was the general view from BusinessCloud’s latest roundtable discussion in the capital, which was held at KPMG’s offices in Canary Wharf and heard from a panel of experts and tech companies.

 

Ben Corrigan is co-founder and chief revenue officer at shopping tool Pouch, which has a team of 11, with the majority being non-UK nationals.

 

The entrepreneur insists that he remains optimistic providing that access to talent isn’t limited following the UK’s exit from the European Union.

 

“If very talented tech people decide not to come to London because they fear that it’s too difficult then we’ll all be fighting over the same talent,” he said.

“We have to make sure we communicate as a city and a country that we are open and tolerant and that we want the best and the brightest and that has to be then followed through with a political solution.”

 

Felicia Meyerowitz, CEO of Akoni Hub, admits there will be “a big bump” but is confident that the UK’s economy is “strong”.

 

She says most of the clients she meets aren’t concerned and all have plans in place.

 

“It’s been fascinating for me watching the play-out of the media and then going out to speaking to clients and asking them questions,” she said.

 

“Of course they have actual work to do but there’s no reflection on what I’m seeing in the media.”

 

You can read the rest of the article here: http://www.businesscloud.co.uk/news/londons-tech-sector-plays-down-brexit-fears?utm_medium=email&utm_campaign=&utm_source=UKFastMailer1172&uuid=

 

Written by CEO & Founder, Ram Krishnna Rao