Home Tech Brexit aftermath – Tech calls for Internet without borders

Brexit aftermath – Tech calls for Internet without borders

by Jonathan Adams

Technology companies are warning that leaving the European Union could end up blocking digital traffic and stifling a fast-growing part of the British economy.

That’s because when consumers across the bloc go shopping online, their credit-card details and other personal information often zip across borders to giant data centres in the U.K., according to Bloomberg’s Michael Scaturro.

Companies now want the U.K. government to negotiate a deal that keeps Internet borders open. The U.K. houses about 500 server farms, which is almost 43 per cent of data-center capacity in Europe’s four biggest digital hubs which includes Germany, France and the Netherlands, apart from the U.K., according to data from TechUK.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Related News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Know more