UK tech visas quadruple after applications soar

  • Technology industry demands for special measures to let companies hire foreign workers after Brexit have been boosted by a surge in demand for technology visas.
  • Tech City UK, the government organisation that processes applications for the dedicated “Tier 1 Exceptional Talent” visa, said successful applications had more than quadrupled in the last 12 months, with 260 endorsed in the last fiscal year.
  • It follows fears in the British tech community that access to skilled computer coders would be hit by restrictions to freedom of movement when the UK leaves the EU.
  • David Cameron introduced the tech visa scheme in 2014 in a bid to make London the technology capital of Europe and rival Silicon Valley as a destination for start-ups, and amid fears of a shortage of skilled coders in the UK.
  • The “Tech Nation” visa scheme allows Tech City UK to endorse applications from non-EU workers, and lets successful applicants stay in the country for five years, after which they can apply to settle.

Technology industry demands for special measures to let companies hire foreign workers after Brexit have been boosted by a surge in demand for technology visas.
Continue reading “UK tech visas quadruple after applications soar”

Pound sterling becomes more unstable than Bitcoin following Brexit

  • Tens of thousands of people gathered to protest the result of the EU referendum
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  • Britain voted to leave the European Union in a referendum by 52 per cent to 48 per cent

The British pound has become more volatile than Bitcoin. Bitcoin has long been thought to be the world’s most unstable currency – moving from being worth $2 to $1,137 in the last five years. But that wildly volatile currency is now becoming a safe refuge when compared to the fluctuations in the pound. For a brief period this week, Bitcoin’s 10-day historical volatility – a measure of how much its price has been changing – dropped below that of the British pound.
Continue reading “Pound sterling becomes more unstable than Bitcoin following Brexit”

Brexit: Can Berlin steal London’s tech crown?

Brexit: Can Berlin steal Londons tech crown? - BBC News #blockchain #Brexit #tech #SaaS

  • London is known as Europe’s technology hotspot, a city in which the tech scene is booming.
  • The BBC is not responsible for the content of external sites.
  • The German capital Berlin has seen Brexit as an opportunity to lure London tech firms to a city which will remain at the heart of Europe.
  • Read about our approach to external linking.
  • Working Lives Berlin: ‘Ideator’

The German capital Berlin has seen Brexit as an opportunity to lure London tech firms to a city which will remain at the heart of Europe, as Rory Cellan-Jones reports.
Continue reading “Brexit: Can Berlin steal London’s tech crown?”

Microsoft ‘to close Skype’s UK office’

  • Microsoft will be entering into a consultation process and offer new opportunities, where possible.”
  • “As part of this effort, Microsoft reviewed some London-based roles and made the decision to unify some engineering positions,” a spokesman said.
  • Microsoft ‘to close Skype’s UK office’
  • The reports that one of the most valuable “unicorns” – those tech firms valued at more than $1bn (£768m) – in Europe is to scale down its presence in London, will come as a blow at a time when the UK is trying to position itself as an attractive option after the Brexit vote.
  • According to the Financial Times (FT) , the move by its owners Microsoft is likely to lead to the loss of many of the nearly 400 jobs at the London HQ.

Reported closure of the tech firm’s London base is likely to lead to the loss of 400 jobs
Continue reading “Microsoft ‘to close Skype’s UK office’”

Pound sterling becomes more unstable than Bitcoin following Brexit

The pound has officially become more unstable than #Bitcoin -

  • Tens of thousands of people gathered to protest the result of the EU referendum
  • Click to view instructions on how to disable your ad blocker, and help us to keep providing you with free-thinking journalism – for free.
  • Then click the big power button to whitelist the current web site, and its state will be remembered next time you visit the web site.
  • In version 6.0 click “trust site” or add independent.co.uk to your Trusted Site list.
  • Britain voted to leave the European Union in a referendum by 52 per cent to 48 per cent

The British pound has become more volatile than Bitcoin. Bitcoin has long been thought to be the world’s most unstable currency – moving from being worth $2 to $1,137 in the last five years. But that wildly volatile currency is now becoming a safe refuge when compared to the fluctuations in the pound. For a brief period this week, Bitcoin’s 10-day historical volatility – a measure of how much its price has been changing – dropped below that of the British pound.
Continue reading “Pound sterling becomes more unstable than Bitcoin following Brexit”

Pound sterling becomes more unstable than Bitcoin following Brexit

The pound has officially become more unstable than Bitcoin

  • Tens of thousands of people gathered to protest the result of the EU referendum
  • Click to view instructions on how to disable your ad blocker, and help us to keep providing you with free-thinking journalism – for free.
  • Then click the big power button to whitelist the current web site, and its state will be remembered next time you visit the web site.
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  • Britain voted to leave the European Union in a referendum by 52 per cent to 48 per cent

Read the full article, click here.


@EmrahErsahin: “The pound has officially become more unstable than Bitcoin”


The British pound has become more volatile than Bitcoin. Bitcoin has long been thought to be the world’s most unstable currency – moving from being worth $2 to $1,137 in the last five years. But that wildly volatile currency is now becoming a safe refuge when compared to the fluctuations in the pound. For a brief period this week, Bitcoin’s 10-day historical volatility – a measure of how much its price has been changing – dropped below that of the British pound.


Pound sterling becomes more unstable than Bitcoin following Brexit

Independent: Pound sterling becomes more unstable than

  • But now Bitcoin becoming a safe haven when compared to the fluctuations in the pound.
  • For a brief period this week, Bitcoin’s 10-day historical volatility dropped below that of the British pound.
  • Its value dropped sharply as soon as the results were announced, sending volatility up by more than double, and that instability has stayed high ever since.
  • Bitcoin has enjoyed a relatively stable period in the days since the Brexit vote.
  • Independent: Pound sterling becomes more unstable than Bitcoin

Read the full article, click here.


@newshodlhodl: “Independent: Pound sterling becomes more unstable than Bitcoin”



Independent: Pound sterling becomes more unstable than