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ARTICLE · 17 JULY 2019

London's Tech Week Showcases Why UK Technology is Surging Ahead

Brahams Dutt Badrick French LLP
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According to the FT, while the UK is being buffeted by Brexit headwinds, the tech sector is now growing at one and a half times the rate of the wider economy.

United KingdomTechnology
Brahams Dutt Badrick French LLP
Brahams Dutt Badrick French LLP
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London's Tech Week Showcases Why UK Technology is Surging Ahead

According to the FT, while the UK is being buffeted by Brexit headwinds, the tech sector is now growing at one and a half times the rate of the wider economy. So significant is this growth that the UK is now considered the unicorn capital of Europe, having produced 13 firms valued at more than $1bn (£784 million) since 2018, taking its total to 72.

London Tech Week, celebrated last month, has shown why the UK is a world-class technology innovation hub at the forefront at the so-called fourth industrial revolution. The event has, in particular, focused on a number of key specialisms, including connecting global markets, cybersecurity, digital transformation, innovation, people and skills, social, and start-up scaleup.

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