With global investors looking to the UK technology for growth, should private investors do the same?
In what was another record-breaking year, investments in the UK tech sector soared to £10.1 billion last year – up £3.1 billion on 2018’s very strong figures and the highest in UK history. Venture capital into US and Chinese tech firms plummeted by 20% and 65% respectively. Investors are turning away from the world’s two largest tech markets and instead looking to the UK for future growth.
The UK tech sector appeals to investors for a number of reasons including a business friendly environment, talented workforce and longstanding reputation for innovation.