Post Brexit Britain good for start ups

Posted on 23 Nov 2016
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 Post-Brexit Britain will offer more for start-ups

Matthew Lynn writes in the Telegraph that Britain will be able to offer more to entrepreneurs after Brexit. He says there will be lighter regulation, and it will be simpler to set up a company in the UK than anywhere else in Europe. Secondly, the UK will soon have the lowest corporate tax rate of any major economy and lastly, there is a pool of talent and venture capital money available that makes the UK one of the easiest places in the world to grow a business. Meanwhile, Tim Sawyer, chief executive of the Start Up Loans company, has suggested demand for government-backed business loans will grow if banks restrict lending in the wake of the Brexit vote.

Source:   The Daily Telegraph (12/07)    Financial Times (11/07)

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