Support for Brexit hit tech firms

Support for Brexit hit tech firms

Are you a tech company worried about how the result of the EU Referendum could impact your business? Tech London Advocates has launched a new support programme to help London’s tech community understand the implications of the UK’s vote to leave the EU.

The UK’s vote to leave the EU has raised many questions among London’s tech community, which is one of the most diverse and highly skilled in the world.

One million Europeans live and work in London and around a third of the capital’s tech sector is made up of workers from overseas.

This is why Tech London Advocates has joined forces with London & Partners, the Mayor of London’s promotional company, to launch the London Tech Hotline.

The organisations will bring together a range of business, legal and trade specialists to provide advice and reassurance on the implications of Brexit to the tech sector.

The service will include lawyers, accountants, start-up and scale up mentors and London & Partner's International Trade and Investment team.

Russ Shaw, founder of Tech London Advocates, said: "The depth of digital talent, the proven track record of our most successful tech businesses and a critical mass of investors in London will provide strong foundations for the future of the city’s tech companies.

“However, the Brexit vote has created uncertainty, which is why we have moved quickly and effectively to answer any questions from, and provide advice to members of the community.

"To those with doubts about London’s future as a tech capital, we have a hugely supportive private sector network ready to help the 200,000 people employed by technology companies and send a clear message to the rest of the world – London is open for business."

The service can be accessed by emailing: londontechhotline@londonandpartners.com