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* Posts by Dmac

1 publicly visible post • joined 24 Jan 2022

UKCloud acquired: Public sector specialist finally bags investment from current chair and private equity after reporting steep losses

Dmac

Well, they still pay employees (who are in the UK), they play employer's NI, and those employees still pay income tax. And, I'd imagine, most of those UK citizens spend most of their money in the UK.

Your average AWS or Azure contract - by comparison - will see more of that money going abroad to non-UK destinations.