Skip to main content

London again named a top tech hub

(Image credit: Image source: Shutterstock/everything possible)

The UK has once again been confirmed as one of the world's greatest tech hubs, standing shoulder to shoulder with the likes of Silicon Valley or China. A new annual report by Tech Nation (opens in new tab) has placed the UK as the third greatest tech hub in the world, right after the US and the Red Dragon.

In the UK, everything still revolves around London, whose digital tech sector turnover currently sits at £64.1bn in the capital. On average, the rest of the UK has £528m.

However, there are other places around the UK that are slowly, but surely, drawing everyone attention. That includes places like Southampton and Portsmouth, as well as the “power path” that connects these two cities to London.

Bristol is the UK’s most productive local tech ecosystem, producing £320,000 per employee.

These figures, and London's image of a world tech hub, has prompted many entrepreneurs, all over the world, to come to the UK's capital. Every fourth entrepreneur has at least two major contracts in London, second only to Silicon Valley.

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

Image source: Shutterstock/everything possible

Sead Fadilpašić is a freelance tech writer and journalist with more than 17 years experience writing technology-focussed news, blogs, whitepapers, reviews, and ebooks. And his work has featured in online media outlets from all over the world, including Al Jazeera Balkans (where he was a Multimedia Journalist), Crypto News, TechRadar Pro, and IT Pro Portal, where he has written news and features for over five years. Sead's experience also includes writing for inbound marketing, where he creates technology-based content for clients from London to Singapore. Sead is a HubSpot-certified content creator.