Record year in investment in the UK tech sector boosts local economies around the UK
We look at the tech sector and the impact it's growth is having on the housing market
- Last year a record £29.4 billion was invested in the UK's tech sector, more than double the previous year. This is positive news for regional economies and housing demand.
- A quarter of the UK's 115 unicorns (start-ups worth $1bn+) were created in 2021. Nine of these were created outside London.
- The tech sector is helping to create jobs. Overall UK tech job vacancies advertised increased by 50% in 2021. Tech vacancies make up 12% of all available jobs in the UK.
- 21.6% of all job adverts in the IT sector are advertised as remote roles. This highlights how all areas of the UK can benefit from the growth in the tech sector.
- Source: Dataloft, Department for Digital, Culture, Media & Sport
