Microsoft says UK should stay in EU, fears revenue drop if Brexit takes place
You usually read about Microsoft on technical blogs, in magazines like Forbes, or in various charity news. Until recently, your didn’t usually see Microsoft’s name in the political columns of newspapers. Microsoft UK’s public stance in the Brexit debate, suggesting that the UK should stay in the European Union, changes that.
The Brexit referendum is scheduled for June 23 and its results will decide whether or not the UK leaves the EU. This debate has been a hot topic for years: the referendum results from next month will offer a clear and definite answer to this dilemma. No country has ever left the EU, and beside the bureaucratic impact, serious economic consequences would probably follow.
This is the reason that pushed Microsoft UK to react, using the company’s influence in this debate:
As a business in an industry which will be affected by the decision we have carefully examined our position.
First and foremost, we want to emphasise that we firmly believe this is a decision for individual voters to make, based on the issues that are most important to them. We appreciate and respect that there are a range of reasons that motivate people on both sides of the debate, but as a business that is very committed to this country, our view is that the UK should remain in the EU.
Microsoft goes further, emphasizing the company’s connection to the UK through the first international office it opened, which was in the UK in 1982. More than 5,000 highly qualified people work for Microsoft in various areas and around 25,000 British businesses have closed a partnership with the tech giant.
Microsoft uses history as an argument to support its stance and explains that one of the main reasons it choose Britain for its range of investments was the country’s affiliation with the EU.
If you’re interested in the topic and the possible financial consequences for the UK in case Brexit is validated, check out this analysis:
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