Tech City Quango Admit London Is Not Centre of Tech World

roundabout

Tech City, Digital Dave’s pet quango, is usually rather adept in its role as a taxpayer funded PR company for digital businesses in East London. Since it was set up in 2010, they have claimed their cluster of digital start ups near Old Street roundabout is one of the UK’s greatest success story and a driver of London’s economy.

With this in mind, the Tech Nation report released today makes for refreshingly honest reading. It reports that 74% of British digital companies are based outside of London. Crucially, ‘tech clusters’ with a higher than average turnover growth since 2010 – the year Tech City started banging the drum for London – include Manchester, Belfast and even Sheffield.

Maybe there is something to that Northern Powerhouse after all… what with the significantly cheaper rent.

UPDATE: George Osborne has just tweeted:




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Google CEO Sundar Pichai on Google investing billions in Britain…

“The innovation we see here, the talent we have available here and how on the cutting edge of technology we are able to be here makes it an incredible place for us to invest. We do value how open and connected it is and we can bring in talent from anywhere in the world and we value those attributes and we are optimistic that those will stay true over time.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Sunday Shows Sunday Shows
Appeal on Behalf of the Friends of George Miller Appeal on Behalf of the Friends of George Miller
Amber Rudd & Fleet Street Don’t Understand Encryption Amber Rudd & Fleet Street Don’t Understand Encryption
“St Patrick was an Immigrant” “St Patrick was an Immigrant”
FLASHBACK: Labour Election Fraud FLASHBACK: Labour Election Fraud
FLASHBACK: LibDem Election Fraud FLASHBACK: LibDem Election Fraud
Amazon Outage Amazon Outage
Experts Wrong About Polar Bears Too Experts Wrong About Polar Bears Too
Guido’s Guide to By-Election Scenarios Guido’s Guide to By-Election Scenarios
Milo 12 Things Milo 12 Things
Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release
Amazing Robot Warehouses Amazing Robot Warehouses
Bring on the Robots Bring on the Robots
BBC Sources Revealed BBC Sources Revealed
Gallery Guido’s PMQs Sketch Gallery Guido’s PMQs Sketch
FOXY “SPANK ME” FOXY “SPANK ME”
Kippers and Cybernats Stuck in Echo Chamber Kippers and Cybernats Stuck in Echo Chamber
Cameron: “I’ll Be Back” Cameron: “I’ll Be Back”
Standard Editor Runners & Riders Standard Editor Runners & Riders
FULL-LENGTH TRUMP INAUGURATION SPEECH FULL-LENGTH TRUMP INAUGURATION SPEECH