Firstly Wigwam what makes you more of an expert about where a successful Chip design company should register than its co-founder? It’s all very well shooting the messenger but the fact is its indicative of the way the major economies and their industries view the UK after Brexit.
Quite simply this Country is diminished as a result of Brexit. London is no longer the financial capital of Europe and our economy is the worse performing of any of the G7 Countries. Coupled with the most inept governance over the last 13 years, you have a perfect storm.
Russ Shaw CBE, founder of Tech London Advocates and Global Tech Advocates, stated Arm’s decision “must be upheld as a case study for the UK Government of how ‘not to do it'” – citing the company’s sale to SoftBank in 2016 as a factor determining its US-only listing.
Brexit and this Government, what a toxic mix!