IT execs: 'UK will never create a tech giant'

The UK will never create a giant, world-beating software company like Microsoft or Google, according to leading British IT executives. CNET UK's sister site silicon.com interviewed 12 CIOs for its regular CIO Jury feature, and ten concurred that the UK didn't have the skills, economic environment or governmental help to make a truly global tech company. "Development costs are too high and staff retention is very difficult," one commented. Read the full story at silicon.com: Why the UK will never create a Google, Microsoft or Oracle.