As doing business in Europe inevitably becomes less simple, speedy and cost-efficient, will startups begin to look elsewhere for suppliers, staff and offices abroad? The big difference between doing business in Europe compared to other countries was its simplicity. New taxes, tariffs, directives and even quotas on British companies trading with European ones will be thrashed out by Theresa May and her team in …
Brexit: Startups and the sterling sting
The weak pound is bad news for startups importing goods from Europe – but does the currency crash have positive outcomes too? The dive in sterling from $1.47 on June 23 to $1.29 two weeks later has had a severe impact on British businesses reliant on buying foreign products. It reached its lowest level against the dollar in three decades following …