Tech companies are growing at more than double the rate of the UK economy at an annual 4.5 percent, according to https://technation.io/insights/report-2018/2018 report – with the digital tech sector now worth £184 billion to the economy, up a massive £14 billion in a year. London has secured its position as the world’s “third global startup ecosystem” meanwhile trumping Berlin, Tel Aviv and Shanghai, but not quite catching Silicon Valley and New York City, the report emphasised, with its international customer base a particular strength: 33 percent of its tech company customers are based outside the UK, compared to a 30 percent for Silicon Valley and seven percent in Beijing.
ORIGINAL SOURCE: CBR
