Analysis

October 3, 2022

What impact is the pound's crash having on tech companies?

It’s not only bad news for UK tech companies


Tim Smith

4 min read

UK founders have a lot of things to worry about this year. That list now includes a sinking currency — in the year to date, the pound is down nearly 15% against the dollar, and last week it hit an all-time low before slightly rebounding. 

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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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