Blog Post

Record year in investment in the UK tech sector boosts local economies around the UK

Gill - Head Gillian Bell Jan 10, 2022, 13:00 PM

Last year a record £29.4 billion was invested in the UK's tech sector, more than double the previous year. This is positive news for regional economies and housing demand.

A quarter of the UK's 115 unicorns (start-ups worth $1bn+) were created in 2021. Nine of these were created outside London.

The tech sector is helping to create jobs. Overall UK tech job vacancies advertised increased by 50% in 2021. Tech vacancies make up 12% of all available jobs in the UK.

21.6% of all job adverts in the IT sector are advertised as remote roles. This highlights how all areas of the UK can benefit from the growth in the tech sector. Source: Dataloft, Department for Digital, Culture, Media & Sport

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