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What does the Brexit “flextension” mean for the tech sector?
https://tech.newstatesman.com/business/brextension-tech-sector
It is almost fitting given how many times the risk of a no-deal Brexit has been brought back from the dead, that the new official date for leaving the EU is 31 October.
For tech businesses, the majority of whom view no-deal with a level of horror usually reserved for Michael Myers, the new delay at least means that the imminent threat of no-deal on Friday is no longer a reality. As techUK’s member survey earlier this year revealed, just five per cent of digital firms think a no-deal Brexit would have a positive impact on their business, with 69 per cent saying it would negatively affect them. A six-month delay is, therefore, in one sense a welcome step back from the cliff edge.