Firms fleeing Brexit getting tangled up in Berlin's red tape

London-based startups claim regulatory hurdles and office space issues are hampering business

Despite a slick campaign to lure companies from London to Berlin after Britain voted to leave the European Union, some of those which have moved say it is not as easy as it first appeared.

Following the unexpected referendum decision in June, Germany's liberal Free Democrats hired a truck to drive around London with a billboard declaring, 'Dear start-ups, Keep calm and move to Berlin'.