Not even COVID can halt our burgeoning technology sector. Indeed, while questions can be asked around the UK’s response to the pandemic as a whole, the same cannot be said of how its scale-up and technology businesses have coped with the massive disruption to the economy.
It was a sector that was thriving before 2020 and has only gone from strength to strength since. According to the Tech Nation Report 2021: Lifting the lid on how UK tech boomed in 2020, the UK tech sector has shown both remarkable resilience and growth in spite of unprecedented challenges across the Covid-19 pandemic and Brexit uncertainty. It’s a situation that shows no signs of slowing. The UK tech sector attracted record investment of close to $8bn in the first three months of 2021. Looking ahead, with the British government also keen to use its future policymaking to help “level up” regions of the UK we can expect to see more companies emerge from other parts of the country.