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EY report: UK is best place in Europe to start a digital business

The UK has been ranked as the top G20 country for the ease of starting a digital business and navigating through the country’s regulatory environment. This is according to research released by EY today.

The G20 Digital Entrepreneurship Barometer assesses a country’s performance against indicators of entrepreneurship to help identify areas of strength and opportunities for improvement. Composed of quantitative data to capture entrepreneurial conditions across G20 economies, the model also looked at access to funding, digital skills and entrepreneurial culture and education.

Scoring the highest marks for its digital business environment, including regulation such as recruitment practices, taxation frameworks, time taken to start a business and legal efficiency, the UK also scored 2nd, to the US, for its digital knowledge base and communications technology market....