UK Tech Sector is Booming. Reported to be Growing Faster than Silicon Valley

Said to contribute £12bn to the English economy over the next decade, London alone is becoming a massive player in the worldwide technology industry at a massive growth rate of 5.1 percent per annum as quoted by London Mayor Boris Johnson.

This information was let loose at London Tech Week – showing that there are more contenders than just the famous Silicon Valley and the UK tech industry is booming.

As according to Bloomberg Philantropies, London also employs a greater number of workers in financial technology than any other major city on earth.

Image courtesy of Startup-book