This article appears to simply be UK propaganda to convince UK citizens not to copy German regulation. The argument seems to be that they are addicted to older

This article appears to simply be UK propaganda to convince UK citizens not to copy German regulation. The argument seems to be that they are addicted to older industry and thus their economic growth (dubiously but traditionally measured via GDP growth) is slowest among the G7. They list other countries like France and Italy that arguably are similarly attached to older industy but the article doesn't analyse this apparent contradiction since presumably it doesn't further their agenda. Meanwhile I (an EU resident not residing in Germany) am using a German digital bank, a German digital broker, but a Swiss replacements for a lot of google services. I am a bit reluctant to do business with UK digital services and definitely see it as a negative when I am shopping around among alternatives because EU regulation has been a boon for me personally when dealing with companies behaving poorly. While EU regulation surely prevails when UK businesses sell to me, I'd just rather skip them.