Software Industry Calls for More UK Government Support

Britain's government has been urged to provide more support for the software industry with measures including tax incentives and talent visas. From a report: More than 120 industry leaders have called for government intervention to improve conditions for European software companies. Europe has long struggled to scale up homegrown tech companies as successfully as the U.S., with many startups forced to seek investment abroad as they scale up. A new policy document -- published by industry body Boardwave and seen by Reuters -- highlights what it calls Europe's "dreadful" track record of scaling software companies, with one recent study showing only one software-focused firm, Sage, counted among Britain's top 100 publicly-traded businesses, compared to dozens in the U.S. Phill Robinson, Boardwave founder and a former executive at software giant Salesfore, shared the report with Britain's technology minister Michele Donelan last week, warning that mid-sized software companies had received little government attention compared to Big Tech firms and buzzy venture-funded startups.

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