UK companies face £1.6 billion in extra costs without EU data sharing agreement

clock • 2 min read
UK companies face £1.6 billion in extra costs without EU data sharing agreement
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UK companies face £1.6 billion in extra costs without EU data sharing agreement

The average compliance cost is estimated to be £10,000 for small firms and over £160,000 for large businesses

British firms face a massive increase in costs if a data sharing agreement is not reached with the European Union, a report by the New Economics Foundation and UCL's European Institute has warned. ...

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