Hermann Hauser says UK chip designer rules could seek secondary listing in London later.

The “idiocy” of Brexit is partially to blame for one of the UK's largest tech firms choosing to list on the New York Stock Exchange over London, the company's co-founder has warned.

Hermann Houser says Britain has no chance of being technologically independent after leaving the EU.

The doyen of the UK computing industry says that a hi-tech future will leave Britain no choice but to turn to Europe.