https://www.cnet.com/news/uk-introduces-new-digital-tax-for-tech-giants/

However, techUK, industry group, disagreed with this assessment of the policy.

"This approach risks undermining the UK's reputation as the best place to start a tech business or to invest," said techUK CEO Julian David in a statement. "The £500 million threshold the Chancellor proposed is low and risks capturing much smaller companies than anticipated."