techUK responds to PM's latest Brexit speech
Julian David, CEO, techUK comments on Theresa May's Brexit speech yesterday.
Commenting on the speech delivered yesterday by the Prime Minister, techUK CEO, Julian David, said:
“techUK continues to believe that supporting the Withdrawal Agreement would provide clarity to tech businesses about our immediate future. Yet there is little in the Prime Minister’s statement to give tech businesses confidence that a deal will be approved. The risk of a No Deal Brexit on 31 October remains very real in the minds of businesses.
“The Prime Minister’s commitment around a ‘customs compromise’ shows some movement towards a customs union, which is important for tech firms supplying goods. However, techUK is deeply concerned that nothing in the Prime Minister’s speech referenced the importance of services. Services make up 81 per cent of tech sector exports and the majority of the UK economy. It remains very worrying that the PM continues to dismiss the importance of the Single Market, and the availability of skills through freedom of movement.
“Despite our significant concerns, techUK strongly urges Parliament to give proper consideration to the Withdrawal Agreement Bill. A No Deal Brexit would be a disaster for the UK’s place as a global hub for tech, and must be avoided at all costs.”
Latest News from
Integrated Review Outlined26/02/2020 14:20:00
The Government has outlined the scope of the Integrated Review of Foreign Policy, Defence, Security and International Development
Open Finance – in the footsteps of Open Banking25/02/2020 16:25:00
The Financial Conduct Authority published a call for inputs on Open Finance, building on the principles of Open Banking, the sharing of data which provides new ways for customers and businesses to engage with their money and make the most of it.
UK and Spanish tech trade associations call for Adequacy Agreement25/02/2020 11:25:00
techUK and Ametic have published a joint paper calling for a Data Adequacy Agreement by the end of the year.
Nominations now OPEN for techUK’s DA/AI Leadership Committee24/02/2020 09:25:00
techUK recently (21 February 2020) opened nominations for members to join its Data Analytics and AI Leadership Committee. After a two-year tenure, the current Committee is due for re-elections.
techUK launches "A Vision for Digital Trade" in Brussels21/02/2020 14:25:00
An overview of techUK's "A Vision for Digital Trade" report.
New £65 million pot of funding for 5G projects21/02/2020 09:38:00
Funding open accelerate the use of 5G in creative industries plus rural 5G announcements.
EU launches a bold new European Strategy for Data20/02/2020 16:05:00
Overview of the European Commission's Communication on 'A European Strategy for Data'.
EU launches digital strategy for the next five years20/02/2020 14:25:00
European Commission President, Ursula von der Leyen, has presented today the Communication “Shaping Europe’s Digital Future”, setting out EU’s digital strategy for the next five years.
The Scottish Budget: What Does It Mean for Tech?20/02/2020 10:10:00
For 2020-2021, Scotland increases investment in digital and tech innovation, infrastructure, and skills.