In a survey Tech UK conducted n December last year, over 50% of UK technology companies have declared their support for a second Brexit referendum in a survey Tech UK conducted in December last year.

In their own words, techUK represents the companies and technologies that are defining today the world that we will live in tomorrow.

More than 900 companies are members of techUK. Collectively they employ approximately 700,000 people, about half of all tech sector jobs in the UK. These companies range from leading FTSE 100 companies to new innovative start-ups. The majority of our members are small and medium-sized businesses.

TechUK is committed to helping its members and the sector grow.

Commenting on the results, Tech UK chief executive Julian David said:

“Our polling suggests that many of our small and mid-sized members, in particular, do not have the resources or information needed to effectively prepare for No Deal.”

“They want a deal that works and a future relationship that retains a high level of alignment and access to the EU market on issues that matter to the sector, such as the free flow of data, regulation and the availability of talent.”

“And 16% support a delay to Article 50 in order to allow more time to further negotiate deals between the UK and EU.”

 “We believe a simple ‘Canada-style’ free trade agreement would not be an acceptable outcome for most of Tech UK’s members.”

The majority of respondents (84%) concluded that the UK is underprepared with the scale of disruption no-deal Brexit will impact on the broadcasting industry particularly with a lack of adequate safeguards in place.

Only 11% of respondents selected no-deal as their first preference and 27% listing it in their top three preferences.

70% of the respondents stated that they believe a no-deal outcome in March will have a very negative or fairly negative impact on business.

The survey also found most larger firms with more than 250 staff have taken precautionary steps to prepare for a no-deal Brexit, while many smaller technology businesses are unprepared for the UK leaving without a deal.

65% of smaller firms with less than 50 staff, and 46% of mid-sized businesses, employing between 50 to 249 staff responded to the survey, saying they have taken no active steps to prepare for no-deal.

Almost half of businesses polled at 49% suggested the lack of preparation was because of the uncertainty and unlikely prospective impact of Brexit, while 37% said the ambiguity of what steps they should have taken initially was the greatest barrier.

International Trade Secretary Dr. Liam Fox MP was questioned by Channel 4 News on the readiness of any trade deals complete to sign off by the 29th of March.

Fox said there are already two signed and a “number that are well in their development”.

tech uk