The UK has long been understood as a critical cog in the global tech wheel for a long time. Despite Brexit concerns, there has been a marked increase in foreign investment into UK tech companies, a third of which was by North American Investors - 2.5x higher than expected based on the relative size of the UK economy. Small, but mighty.
The UK remains a hotbed for tech talent, employing 5% of all high-growth tech workers globally, ahead of Japan, France and India. The UK continues to dominate the FinTech space, and Investment Data from the 2018 Tech Nation report finds that Artificial Intelligence, Cyber and Big Data are growing in importance for UK tech scale-ups, securing the UK’s pivotal role in the global tech landscape.