Kainos cautious on UK public sector spending due to Brexit worries

Software company Kainos Group on Wednesday said it was “cautious” about public-sector spending in the UK as Brexit turmoil continued.

Kainos said it expected full year results to be in line with current market expectations.

“Digital Transformation has made progress within the commercial sector whilst continuing to be a key supplier in the UK Government's digital transformation programme,” the company said in a statement.

“In relation to the latter, the group remains cautious about public sector spending in the current political environment.”