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Growth in the UK’s booming tech sector is stalling, as new data points to a sharp slowdown and making for “uncomfortable reading” in light of the sector’s recent success.
The number of new technology companies incorporated in the UK fell by 11 per cent in the second quarter of this year, marking the first “marked decline” since early 2022, according to audit, tax and consulting firm RSM UK.
In the second quarter, 12,318 new tech…