January 24, 2017: New research launched today outlines how the UK’s fast-growing high-exporting digitally intensive industries can form the bedrock for Brexit success. techUK today publishes a major new report commissioned from Frontier Economics The UK Digital Sectors After Brexit, alongside a set of key asks for Government to prioritise in forthcoming EU exit negotiations.
New research shows that at 16% of GVA, 24% of total UK exports, and three million jobs, businesses that either produce or intensively use digital technology make up a large, and growing, part of the UK economy. As the UK looks to forge a new future as ‘Global Britain’, the continued success of the digital sectors will be essential for jobs and growth.
The report, available for download at the bottom of this page, details three areas where the digital economy is most at risk from the impact of Brexit - market access and digital trade, access to skills and free flow of data. The UK’s digital sectors are heavily integrated with global markets. 20% of digital goods and services are exported internationally. 81% of digital exports are in services.
For more details, see the article on the techUK web site.