FAIL, BRITANNIA: Why US tech giants are threatening to quit the UK.

Their “tipping point” is UK regulation – and it’s coming at them thick and fast.

The Online Safety Bill is due to pass in the autumn. Aimed at protecting children, it lays down strict rules around policing social media content, with high financial penalties and prison time for individual tech execs if the firms fail to comply.

One clause that has proved particularly controversial is a proposal that encrypted messages, which includes those sent on WhatsApp, can be read and handed over to law enforcement by the platforms they are sent on, if there is deemed to be a national security or child protection risk.

The NSPCC children’s charity has described encrypted messaging apps as the “front line” of where child abuse images are shared, but it is also seen as an essential security tool for activists, journalists and politicians.

Britain wants unlimited ability to read people’s private communications and, given what local police already do with public communications, tech firms would be right to quit the UK.