The crushing defeat of Theresa May’s Brexit deal by Parliament has made it likelier that the UK will leave the EU without any formal agreement, a scenario that many businesses regard as a ‘disaster’. We asked several tech startups, based both in the UK and the EU, how they are are preparing. The biggest concerns are around hiring - many UK-based tech companies rely on being able to hire developers from across the EU. Diverging rules on financial regulation and data are another worry, as well as losing access to European venture funding.
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