British tech firms eye relocation after Brexit vote

'Headquartering elsewhere is now a possibility', says TransferWise boss, as loss of talent and regulatory uncertainty rear their heads

Brexit has left the UK's technology industry reassessing its position, with major firms putting expansion plans on hold as they consider a move to a continental location.

Britain's financial technology sector is particularly hard-hit, with the prospect of losing access to European markets an unappealing one. "Fintech" has long been one of the UK's most promising growth areas, in part due to London's position as the financial capital of Europe.