“Stark divide” in UK’s regional tech sector could hold back future growth.
Future economic growth could be held back because of the ‘stark regional divides’ in the UK’s technology sector, as shown in the publication of the 2022 Local Digital Capital Index.
techUK published the second iteration of the Local Digital Capital Index (LDC Index), which measures the strengths of the UK’s regional digital ecosystems and concludes that a technology sector concentrated and reliant on the South of England isn’t sustainable for the wider UK economy. techUK has called on the Government to work with the industry in order to secure future growth in the sector, create jobs and invest at a local level. To read the full report and see our recommendations to Government follow this link.
techUK is committed to developing strong local economies that ensure the tech sector is at the forefront of delivering new and improved services, products, careers, companies and helping to tackle climate change. As part of our plans we are holding a number of sessions and events across the UK to examine
The first of these sessions will be hosted by KPMG on 2 February in Edinburgh, with Scottish Government and other stakeholders invited. We are delighted to be partnering with KPMG and to be joined by David Gimson, Director, Infrastructure, Government and Healthcare Consulting – Scotland for the discussion.
The event will include a panel discussion focusing on SMEs support and understanding the Scottish tech ecosystem, followed by a fireside chat with Mark Logan, Chief Entrepreneur to the Scottish Government.
The Scottish Technology Ecosystem Review was conducted in 2020 by Mark Logan (former COO at SkyScanner and in 2022 Mark was appointed Chief Entrepreneur to the Scottish Government) and aided thinking in the development of techUK's Local Digital Capital Index. Some Scottish regions scores well in the 2022 LDC Index however this isn't consistent across Scotland. The roundtable will consider how the tech sector can continue to thrive and grow, if the challenges facing the tech sector are being met and how the success of the sector can be built on to improve innovation, create new job opportunities, deliver growth and improve services.
The session will also include an SME tech panel looking at the opportunities and challenges for tech firms (especially SMEs) in Scotland, and how SMEs in Scotland are helping to grow the economy, innovate and create new jobs.
From the start of our 150-year history, we’ve worked to deliver for our UK communities. It’s core to our Values. Today, we focus where the need is most acute and where we know we can make the biggest difference.
techUK – Building Stronger Local Economies
techUK champions the tech sector throughout the UK. We work with local authorities, devolved government, and local and national policy makers to advocate for the tech sector in strengthening economic growth and resilience. We provide opportunities for our members and local stakeholders to meet, build relationships, and collaborate to drive forward local projects. For more information or to get in touch, please visit our Nations and Regions Hub and click ‘contact us’.