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Greg’s team manage all foreign exchange positions for Global Reach Partners, keeping a keen eye on trends within the markets, and putting together structured deals for clients. After studying Chemistry and Law at Manchester, Greg decided the life of a Patent lawyer wasn’t for him, and moved into finance, completing a Masters in Accounting and Management. Greg worked through the graduate scheme to Director level at Lloyds Banking Group, helping clients such as the Football Association with all aspects of their Treasury requirements. After helping corporates navigate the credit crisis, Greg left the banking world to build the corporate business at a top Fintech before coming to Global Reach. Greg loves things that just work. He is passionate about travel and learning new things and had a number of stints working in Europe and Asia.

Why It’s Worrying Times For The UK Tech Sector

The fragility of the UK Government combined with the early stages of Brexit negotiations present real challenges for the plight of the Pound in the year ahead. For UK-based technology businesses, especially those which operate in other foreign markets, trying times may well lie ahead. Theresa May’s decision to hold the June snap election not only back-fired politically, it also resulted in more turmoil on the currency markets. Sterling initially fell by around two per cent against the US dollar although it did later recover to its pre-election level. The FTSE 100, which has recently performed better when Sterling declines in value, opened 1.3 per cent higher just after the unexpected election results were confirmed. This was hardly the strong and stable outcome the Prime Minister envisaged...

What Does ‘Hard’ Brexit Mean For UK Technology Sector?

Following the Prime Minister’s clarification on the UK’s likely post-Brexit relationship with the EU, Britain’s technology sector will be looking to determine what the future holds outside the Single Market. The EU referendum caused a lot of market uncertainty for many UK technology companies which have had to continue advancing in the aftermath, not knowing the long-term effect that issues such as access to European talent and Britain’s status within the Digital Single Market will be resolved. The downward spiral of the Pound has also been a significant focus for those who export or import into the EU and other key international markets. According to think tank Tech City’s latest research, there are around 58,000 digital technology businesses in the UK. This lucrative sector plays an impo...