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Microsoft becomes the latest company to raise its UK prices as a result of Brexit

By midian182
Oct 25, 2016
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  1. Another large tech firm has been forced to raise the price of its goods and services in the UK as a result of Brexit. This time, the pound’s plummeting value against the dollar means Microsoft’s enterprise software and cloud services are about to become more expensive.

    The Redmond firm quietly announced that, beginning January 1, 2017, “most” of its enterprise cloud services will be increasing 22 percent. On-premise enterprise software, meanwhile, will jump by 13 percent to align closer to the Euro.

    Microsoft’s decision will only affect its business customers in the UK, and it won’t apply to those who have existing agreements already in place. “Customers with Enterprise Agreements have price protection on previously ordered enterprise software and cloud services, and will not experience a price change during the term of their agreement,” the company wrote.

    Microsoft stressed that it isn’t increasing the UK prices of its consumer products, though it certainly wouldn’t be the first company to do so. Both Dell and HP introduced price hikes in the UK this year as a result of “unprecedented” currency fluctuations. OnePlus and Lenovo have also increased the cost of their goods, while the price of an HTC Vive has jumped from an already high $908 to $1000.

    72 percent of the UK’s population took part in the June 24 referendum, which saw 48 percent of people voting to stay in the EU and 52 percent wanting to leave Europe. The outcome has seen the pound’s value drop 17.5 percent against the dollar, leading to the various tech firms' price increases. Don’t be surprised to see more companies raise the cost of their UK products over the next few months.

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  2. EClyde

    EClyde TS Guru Posts: 715   +184

    As an excuse. NOT a reason.
     
    wastedkill, Jamibi, BSim500 and 2 others like this.
  3. umbala

    umbala TS Addict Posts: 169   +145

    Boo-hoo. Guess we'll have the listen the Brits whine and moan about prices going up for the next decade. You made your bed, now sleep in it! Also, shut the hell up.
     
  4. Puiu

    Puiu TS Evangelist Posts: 1,915   +537

    The reason why Trump might become president is because Brexit exists. That day we've learned that fear and ignorance trump (pun not intended) reason and wisdom.
     
  5. davislane1

    davislane1 TS Evangelist Posts: 3,565   +2,373

    The economic ignorance in this thread is palpable.
     
    wastedkill, Raoul Duke and Das Pooch like this.
  6. Axle Grease

    Axle Grease TS Booster Posts: 69   +20

    A long term solution is to be like the Swiss. They're not in the E.U. They're wealthy. Their government is small with little regulation of private industry. There's no state welfare dependency. They're export driven, and the currency is high value. You know... like how the U.S. used to be.
     
  7. mbrowne5061

    mbrowne5061 TS Evangelist Posts: 340   +133

    Aside from pharmaceuticals, they have very stringent private industry regulation. They have some of the most strict environmental protection laws. They also have a lot of welfare programs, and maintain a very strong military.

    They make their money by being the bankers for most of Europe and a biomed research haven for drugs and procedures that are banned from investigation in places like the US (particularly topics in genetics).
     
  8. EClyde

    EClyde TS Guru Posts: 715   +184

    Why I live in da UP...Which is in da US. I had no vote...but you haters gotta hate so hate me that's OK. Can I buy ya a root beer?
     
  9. koblongata

    koblongata TS Member

    Direct Democracy Hell
     
  10. Axle Grease

    Axle Grease TS Booster Posts: 69   +20

    About 4% work in the banking sector and Switzerland's entire pharmaceutical industry makes up only 5.7% of the GDP. The welfare programs are few as citizens are required to take out insurance. Regulations of private industry are far fewer than within the EU, and Britain. The only true thing you wrote is that the Swiss have a strong military and strict environmental laws.
     
  11. thorpj

    thorpj TS Enthusiast Posts: 90   +14

    52% Of British people made their bed, and have to sleep in it.

    48% did not. They don't have to shut the hell up.
     
  12. EClyde

    EClyde TS Guru Posts: 715   +184

    The problem as I see it is you. How bout a root beer?
     
    wastedkill likes this.
  13. mbrowne5061

    mbrowne5061 TS Evangelist Posts: 340   +133

    If you think 5.7% is insignificant in terms of GDP - especially when that is just one industry - I have some bad news for you. And you mean "required to take out insurance" like how the American Cares Act does, and is called welfare? I promise you, they are subsidizing that insurance, making it welfare. If you're strictly regulating your banking, and your environmental impact, then you are strictly regulating the rest of your industries by proxy.
     
  14. Axle Grease

    Axle Grease TS Booster Posts: 69   +20

    Not quantity over quality in regard to laws. You exaggerate far too much. 83% of the GDP has nothing to do with pharmaceuticals or banking and yet you grossly conflate their significance when making the claim that this is how the Swiss make their money. What about the 83% of GDP? I do realize the Swiss economy is a mixed economy rather than a free market economy, but innovation and private industry is far less encumbered by regulation than in any E.U. member country, and the citizenry wealthier. Britain should follow suit, but it has been a highly regulated welfare state with a sprawling government since WW2. That won't change anytime soon.
     
    Last edited: Oct 27, 2016

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