Brexit has cost the UK its technology sovereignty
Hermann Hauser, founder of ARM, notes that:
“China and Europe are the only three “technology sovereignty circles”, with the chip-making factories and 5G knowhow needed for a modern economy. “Britain has no chance of being technologically sovereign,” Hauser says. “Brexit has been the biggest loss of British sovereignty since 1066.”
This is why the vast majority in my industry, software and IT infrastructure, were completely opposed to brexit, regardless of whatever other political views we might have held. We knew the damage that brexit would cause to our ability to innovate. But as brexiters tell us, 100% of all British dog grooming businesses do not export to the EU so who cares?