UK IT spending worth £27bn held back due to Brexit uncertainty

UK businesses are putting billions of pounds of IT investments on hold until they know the terms that the UK will leave the EU.

A total of £27bn of IT spending has been put on hold by 1.7 million businesses in the UK, because they don’t know what Brexit will bring.

With two months to go to the day the UK is set to leave the European Union, nobody yet knows how the UK will leave.