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One-third of tech companies are not prepared for Brexit

From Information Age

"With less than six weeks to go until Britain decides on its place in the EU, only a third of telcos and IT companies have developed a clear plan for dealing with the impact of a 'leave vote', a snapshot survey commissioned by international law firm Pinsent Masons has revealed.

35% of tech companies have no action plan in place in the event of a 'Brexit' while more than half (57%) said there had been no discussion at board level about the potential impact.

Of the organisations that have undertaken board level discussions, only 11% of senior decision makers surveyed admit to having discussed or planned for relocation of operations.

Pinsent Masons says that the figures reflect that, while many larger businesses have begun contingency planning for Brexit, a significant proportion have not yet contemplated the impact a vote to leave might have.”

Read more at Information Age


NCC Weekly News Update 17 May 2016 

 

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