Investment

The UK’s technology sector is larger than the rest of Europe combined; it has been one of the fastest growing sectors in the UK over the last decade. The technology we produce underpins all sectors from Financial Services and High-Value Manufacturing to Retail and Agriculture. Indeed in 2016 tech investment into the UK was £170 billion. Twice as high as any other European country. 

 

The UK offers an outstanding environment for global tech companies including:

  • A strong start-up culture bolstered by tech clusters all over the UK
  • A ranking of third best place in the world in the Global Innovation Index in 2016
  • An active venture capital community - the UK has the highest number of initial public offerings (IPOs) & more tech “unicorns” (a start-up company valued at over 1 billion USD) created than anywhere else in Europe
  • The largest e-commerce market in Europe
  • Four of the world’s top ten universities, plus educational providers that develop our technology workforce
  • UK is Europe’s leading market for software & IT services - est. value £58bn/yr
  • More than 22m home broadband connections in the UK; and more than 77% of adults have fixed or mobile broadband
  • UK Corporation Tax is 19%, the lowest level in the G20
  • The UK's technology economy has notable strengths in electronic systems, communications, data management and analytics, data centres, cloud services, Artificial Intelligence, cyber, semiconductor design and sensors

Tech businesses are at the heart of the UK economy and are playing an important role in driving growth across the country

techUK can help you understand the UK tech landscape and can support you grow your business in the UK.


For further information on the assistance available please contact:

  • Simon Spier

    Simon Spier

    Head of International Trade
    T 020 7331 2008

 

Share this

FROM SOCIAL MEDIA

The winner is...Team CSI London! The judges were hugely impressed by their creative presentation on their high qual… https://t.co/hnmMoAqOfZ
Last but not least we have Team Law and Order, they're putting the citizen at the centre by designing a solution to… https://t.co/Ytpr4E0PvD
If we really understood the true value of data, and treated it like an asset, how would it change the way we manage… https://t.co/GZsImaR6CS
Guest Blog: Ransomware: The Fastest Growing Cyber Threat in the UK by Jason Steer at Recorded Future as part of our… https://t.co/hp23M6pD0Y
Our penultimate #TechConnect group is XGOV who are focussing on drawing together government research into a data la… https://t.co/kylusGRjMX
Read @techUK’s review of the European Commission’s Strategy for Data : https://t.co/O0cN6RmhAV
Focussing on active travel planning and influencing car commuters to reduce their NO2 footprint, Team NO2Pollution… https://t.co/o8bvH1N3z6
Become a Member
×

Become a techUK Member

By becoming a techUK member we will help you grow through:

Click here to learn more...