• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechMicrosoft

Microsoft Warns U.K. About Potential Risks for Brexit

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
May 17, 2016, 10:15 AM ET
TENNIS-GBR-WIMBLEDON
Photograph by Glyn Kirk AFP/Getty Images

Microsoft said on Tuesday that Britain should stay in the European Union if it wanted to receive more investment, the same day the Confederation of British Industry urged firms to discuss the vote with staff.

The U.S. Software giant employs 5,000 staff in Britain and plans to offer Europeans remote access to data from centers based in Britain, but said further investment could be at risk if Britain votes to leave the EU in next month’s referendum.

Get Data Sheet, Coins2Day’s technology newsletter.

“Our view is that the U.K. Should remain in the EU,” Microsoft’s U.K. Chief executive Michel Van der Bel said on the firm’s website. “The U.K. Remaining in the EU supports important criteria for continued and future investment by Microsoft and others.”

The CBI, which also says there is a strong economic argument for Britain to stay in the EU, said firms should discuss the issues with their employees.

“Responsible business leaders should give their employees the choice to hear what impact a Brexit would have on company growth, their jobs, and their local community,” CBI director-general Carolyn Fairbairn said. “This is not about telling people how to vote but having calm, evidence-based conversations, whichever camp the business is in, or if they are neutral.”

For more about the Brexit, watch:

Opinion polls in recent days have shown a wide range of results, with some showing moderate leads for those planning to vote “Out” on June 23, and others showing a majority for “In.”

About the Author
By Reuters
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.