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How Brexit Could Affect Startups in the UK

How Brexit Could Affect Startups in the UK

How Brexit Could Affect Startups in the UK


 

2016 was a good year for startups in Britain with news outlets reporting that at least 80 new businesses were being established every hour. These numbers show that local and foreign investors were confident in the British economy and felt that it would remain strong for years to come. After the 23rd June referendum vote to leave the European Union, market sentiments changed from bullish to bearish. Brexit has been further complicated by the fact that economists foresee the UK going for a “Hard Brexit,” which would mean complete severance from the EU’s free market, look at here now – SecurityInfo for more security tips.

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