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techUK today sets out key asks for Government on its forthcoming EU exit negotiations, to ensure tech is the bedrock of Brexit success.

techUK has laid out four top priorities for UK Government as part of forthcoming European Exit negotiations.

techUK asked Frontier Economics to undertake a major independent report 'The UK Digital Sectors After Brexit' on the impact of the UK’s decision to leave the European Union on its world leading digital economy. The report makes it clear that the UK’s successful tech sector is highly integrated with European markets and dependent upon legal and regulatory frameworks established at EU level over many decades.

It is extremely difficult to predict exactly what will happen when the UK extracts itself from such a complex political, economic and legal system. There is no precedent and there is much that we don’t know. However a disorderly Brexit would significantly increase the risk of demand- and/or supply-side shocks that would negatively impact consumers, businesses and the UK economy as a whole. It is vital therefore that the UK achieves a smooth exit from the EU that lays the ground work for the Government’s ambitions for a new Global Britain.

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