IT professionals are the latest group to express confidence in the UK’s EU membership, with over two thirds (67%) saying that being a part of the EU gives them greater business confidence, according to new research from IP EXPO Europe.
However, while UK business confidence is still relatively high, recent figures from Grant Thornton show confidence dropped to 65% in Q1 2015 from 68% in the previous quarter (Q4 2014). The study highlights that the biggest concerns for UK business leaders are a lack of skilled workers, economic uncertainty, and regulation and red tape.
Bradley Maule-Ffinch, IP EXPO Europe’s director of strategy, says: “With economic uncertainty at an all-time high, it’s a critical time for businesses in the European Union. It’ll be interesting to see how business confidence changes in the coming months.”
According to research from IP EXPO Europe, IT leaders in Scotland expressed most business confidence (81%) in the EU, followed by London (76%) and Wales (75%).
IP EXPO Europe running in October will explore how businesses are transforming as a result of the latest technological developments, and the macro and microeconomic opportunities and challenges businesses are facing in their journey to digital transformation.
For further information, visit IP EXPO Europe.