If you’ve been on LinkedIn recently you’ll have seen them. Posts from British tech founders citing their intention to move to the US. A land of bigger, bolder ambition which, they believe, provides more fertile ground for tech companies looking to scale. But in recent weeks, the tide seems to be turning. And the US’ new political hue could be the cause.
Amongst the bevvy of headline grabbing policy pronouncements made since the inauguration, President Trump and his coterie’s rapid dismantling of all things DEI has attracted particular attention in tech circles. And whilst many VC firms and leading tech figures are working hard to stay close to the President and mirror the vibe shift he’s introduced (Google and Meta have already announced plans to roll back diversity initiatives), others may not be so keen to align themselves with the new status quo. For diverse founders, funders and innovators, those from overlooked or underrepresented backgrounds, and those who continue to champion DEI, the US may suddenly be looking less attractive.
The numbers seem to bear this out. Figures just released show that the number of US citizens applying for UK residency hit record levels in 2024 – seeing a 26% year-on-year rise in applications as well as a ‘spike’ in enquiries immediately after November’s election. Even celebrity figures like America Ferrara, Ellen Degeneres and Ryan Gosling are reportedly upping sticks and putting down roots in Britain. …