WORLD GIST

London named world’s best tech hubs – Government promises support for UK tech 

 yesterday as a new report ranked it alongside Silicon Valley and China.

The UK was in the top three countries for total capital investment in digital tech companies last year, behind only China and the US, according to the Tech Nation annual report.

Speaking at the launch of the report, culture secretary Matt Hancock said the government was “firmly committed” to supporting the sector as “we want the UK to be the location of choice for tech innovation and investment – so we can build our world-leading digital economy”.

London is still centre of the action, with digital tech sector turnover at £64.1bn in the capital versus £528m on average for the rest of the UK.

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