Attracting High-Tech companies

New research confirms that the UK is a leading global hub for technology companies tackling challenges in healthcare, education, finance and sustainability – making a positive impact on our society and economy. 

Key facts: 
  • Research by Tech Nation shows that the UK is a leading hub for technology companies tackling challenges in healthcare, education, finance and sustainability. 
  • ‘Tech for social good’ companies were worth £2.3 billion in 2018, with a turnover of £732 million – larger than the amount generated by the manufacture of consumer electronics in the UK. 
  • The government is working hard to support those in the field by improving charities’ digital skills, boosting access to finance, and celebrating up-and-coming entrepreneurs. 

Today the Digital Secretary hosted a roundtable at Downing Street to discuss how we can maintain the UK’s unique position. 

Why this matters: 

The presence of these companies has a significant positive  knock-on effect for the wider economy. Many are spreading economic growth and creating good, higher-paying jobs, while using tech to tackle the biggest challenges society faces.

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