.@Google CEO says it’s investing £1bn in UK & Britain’s still an attractive place to do business despite #Brexithttps://t.co/mbBOOdTDqb pic.twitter.com/jt6VYgd6KA
— BBC News (UK) (@BBCNews) November 15, 2016
During the referendum Remain campaigners made much of the importance of the “Digital Single Market”.
Yesterday we learnt that the world’s biggest digital firm doesn’t care about being in the “Digital Single Market” either. Google’s announcement of a £1 billion extra investment and 3,000 more jobs is a doubling of its bet on Britain to be the dominant digital nation in Europe, CEO Sundar Pichai cited Britain’s “open and connected economy”. It also signals that the “Digital Single Market” is not really attractive to them, it is really just a common regulatory zone. If we know the EU it will be an over-regulated, subsidy ridden, dirigiste failure.
*Kamal Ahmed’s BBC report of this is almost a #DespiteBrexit parody.
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