UK Tech Market Performing Strongly

Posted by Ben Nicholas on 22 July 2015

The UK technology industry is continuing to outstrip the rest of the UK economy in recording its best growth period for over a decade according to data released by Tech Monitor.

With an increasing need for technology in all areas of business and a flurry of rapidly developing start-up companies, the area has seen a boom in recent years.

Confidence amongst the business is also high, with over 62% of organisations saying they expect a rise in revenue in the forthcoming year, compared with only 8% expecting a dip.

The top areas of the country for technology industry were found to be the South East, with Reading and London scoring the highest for large and small tech businesses.