Posts Tagged ‘c’

Tackle Brexit inertia head on with positive action, says digital tech sector

Wednesday, August 31st, 2016

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ScotlandIS, the trade body for Scotland’s digital technologies industry, is calling for policy makers to take action in five key areas to limit any negative impact caused by the decision to leave the European Union.

Its five strategic priorities are access to markets, people, productivity, research and academia, and regulations. The call for action comes after a ScotlandIS member consultation found the majority of respondents are concerned about the impact of the EU referendum result, with three quarters predicting it will negatively impact access to skilled staff, sales, and customer confidence.

On exports 62 per cent said that they anticipate a negative impact on their ability to increase sales overseas, and 22 per cent would consider relocating their business. Respondents were split on the question of their ability to attract growth capital, with 53 per cent expecting a negative impact compared with 47 per cent predicting no change or a positive impact.
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