Recent reports have shown that Britain has become a hub for tech investment, which according to one source is leaving rivals trailing. As a result of Tech innovation, the sector is already contributing £149bn to the UK economy and is set to grow as Britain has a broader and deeper ecosystem than European rivals.
Taking to Twitter to celebrate the news, Foreign Policy Analyst Nile Gardiner said: “Brexit Britain power ahead of its European competitors.”
According to BrexitFacts4EU.org, tech investment in the UK is 22 percent larger than Germany and France put together.
The group state: “The importance of tech industries cannot be underestimated.
“These mean as much to our economic future as the railways were for the Victorian era, and the arrival of mobile phone technology at the end of the 20th Century.”
The group adds: “Tech covers not just FinTech, but HealthTech, ClimateTech, AgriTech, EducationTech and other such sectors.”
On a global scale, the group state: “The value of start-ups and scale-ups in the UK is worth c.$585bn to the UK economy (up 120 percent against…
