Article 6P5J6 UK risks tech ‘talent drain’ to US if pension funds fail to back sector

UK risks tech ‘talent drain’ to US if pension funds fail to back sector

by
Dan Milmo Global technology editor
from on (#6P5J6)

Co-founder of British chipmaker Graphcore, which has been bought by Japan's SoftBank, issues warning

Britain risks a tech talent drain" to the US if British pension funds fail to back the sector, according to the co-founder of a UK chipmaker that has announced its sale to Japan's SoftBank.

Nigel Toon, the co-founder and chief executive of Graphcore, said domestic pension funds were giving inadequate support to private businesses in the UK.

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