Gartner: The IT spending implications of Brexit

The Brexit vote puts a drag on global IT spending, but the U.K. will see the worst impact, Gartner said in a new spending forecast.
Gartner had predicted a rise in U.K. tech spending by 1.7% this year, for a total spend of $179.6 billion in U.S. dollars. But this forecast was before Thursday's decision by U.K. voters to leave the European Union.
The Brexit vote lowers the 2016 U.K. spending estimate between 2% and 5%, moving it into negative territory, said Gartner Friday. It expects U.K. IT sp