By Staff writer
Following the recent spate of government resignations about the new Brexit strategy and Theresa May’s subsequent reshuffle of her top team, Tech City is paying close attention to see what comes next.
While British politicians believe the UK is an entrepreneurial heavyweight, new research has shown that initiatives such as Silicon Roundabout are less well known on a global scale.
Speaking to Real Business at the site of Croydon’s new business incubator, the shadow business secretary warned that more needs to be done to provide affordable business space. His comments came after new research showed small businesses were becoming increasingly put off from being based in central London.
New research collated by PlaceILive.com has explored which areas in the capital were most conducive to business longevity, and generated some surprising results.
While east London has become a mainstay for media and tech startups over the past decade, other areas of the capital have been looking to join the action. The latest movement around Camden has arguably been the most intriguing so far.
The British IT & telecoms sector has become an increasingly attractive place to work in the last three years, according to recruitment firm Randstad Technologies, aided by the rise of UK technology hubs like Silicon Roundabout and a change in the curriculum.
Romania is receiving more recognition from the international business world, and it could be just a couple of years until the UK’s East London hub of tech startup innovation has found a new European home.
