Brexit Result Won’t Stop UK Firms’ Plans For Overseas Expansion

Brexit Result Won’t Stop UK Firms’ Plans For Overseas Expansion

David Galsworthy, CEO and Co-Founder of Techspace, a flexible coworking space specifically designed for fast-growth tech scale-up companies said:

“This week we’ve actually just announced an expansion to Berlin, our first international coworking space and this decision was taken well in advance, regardless of the result of yesterday’s EU Referendum. While it may seem like a strange time to make such a decision, we felt that whatever way the vote went, whether it be ‘leave’ or ‘remain’, it would have little actual effect on our expansion plans internationally.”

“The reason for our confidence in such an international expansion is that technology companies, which Techspace specifically caters for, will, in our view, continue to generate rapid growth regardless of the Referendum vote. Also, given how interconnected the world now is thanks to technology, there is no doubt that London will also continue to be a central hub globally for this sector.”