DIGITAL TECH IN THE UK · Doing business rank 8 Thames Valley 8 Tech GVA £6.99bn Tech workforce...
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NOTES: 1. Source: Tech Nation, 2018; ONS, Business Structure Database 2017. 2. Source: JLL, 2017. 3. Source: Tech Nation, 2018; ONS, Business Structure Database and Annual Business Survey, 2017. 4. Source: Tech Nation, 2018; ONS, Business Structure Database, 2017. Figure refers to size of workforce. 5. Source: JLL Office Cost Calculator. This cost include prime rents and rates. 6. Source: Tech Nation and Streetbees, 2018 Notes: This is a ranking of the 8 clusters featured in this map, based on the average score (out of 10) for the 9 sub-factors contributing to 'Doing business'. 7. Cost shown for Reading only. 8. Thames Valley refers to Bracknell, Maidenhead, Reading and Slough. technation.io @TechNation #WeAreTechNation DIGITAL TECH IN THE UK A sector worth £184bn, employing over 1.07m people. 1 Edinburgh Tech GVA £1.27bn Tech workforce 10k Annual office cost p/person £6,365 Doing business rank 1 Leeds Tech GVA £1.28bn Tech workforce 12k Annual office cost p/person £5,905 Doing business rank 8 Thames Valley 8 Tech GVA £6.99bn Tech workforce 58k Annual office cost p/person 7 £5,885 Doing business rank 7 London Tech GVA £36.02bn Tech workforce 318k Annual office cost p/person £14,540 Doing business rank 2 Manchester Tech GVA 3 £3.36bn Tech workforce 4 31k Annual office cost p/person 5 £6,870 Doing business rank 6 6 Birmingham Tech GVA £1.68bn Tech workforce 18k Annual office cost p/person £6,625 Doing business rank 4 Cardiff Tech GVA £0.61bn Tech workforce 5k Annual office cost p/person £5,205 Doing business rank 5 Bristol Tech GVA £2.87bn Tech workforce 25k Annual office cost p/person £6,600 Doing business rank 3 Circle size refers to office take-up 2 In partnership with
Transcript of DIGITAL TECH IN THE UK · Doing business rank 8 Thames Valley 8 Tech GVA £6.99bn Tech workforce...
NOTES:1. Source: Tech Nation, 2018; ONS, Business Structure Database 2017.2. Source: JLL, 2017.3. Source: Tech Nation, 2018; ONS, Business Structure Database and Annual Business Survey, 2017.4. Source: Tech Nation, 2018; ONS, Business Structure Database, 2017. Figure refers to size of workforce.5. Source: JLL O�ce Cost Calculator. This cost include prime rents and rates.6. Source: Tech Nation and Streetbees, 2018 Notes: This is a ranking of the 8 clusters featured in this map, based on the average score (out of 10) for the 9 sub-factors contributing to 'Doing business'.7. Cost shown for Reading only.8. Thames Valley refers to Bracknell, Maidenhead, Reading and Slough.
technation.io @TechNation
#WeAreTechNation
DIGITAL TECH IN THE UKA sector worth £184bn, employing over 1.07m people. 1
Edinburgh Tech GVA £1.27bn
Tech workforce 10kAnnual o�ce cost p/person £6,365
Doing business rank 1
LeedsTech GVA £1.28bn
Tech workforce 12kAnnual o�ce cost p/person £5,905
Doing business rank 8
Thames Valley 8
Tech GVA £6.99bnTech workforce 58k
Annual o�ce cost p/person 7 £5,885Doing business rank 7
LondonTech GVA £36.02bnTech workforce 318k
Annual o�ce cost p/person £14,540Doing business rank 2
ManchesterTech GVA3 £3.36bnTech workforce4 31kAnnual o�ce cost p/person5 £6,870Doing business rank6 6
BirminghamTech GVA £1.68bnTech workforce 18kAnnual o�ce cost p/person £6,625Doing business rank 4
Cardi�Tech GVA £0.61bnTech workforce 5kAnnual o�ce cost p/person £5,205Doing business rank 5
BristolTech GVA £2.87bnTech workforce 25kAnnual o�ce cost p/person £6,600Doing business rank 3
Circle size refers to o�ce take-up 2
In partnership with
(Positive responses as % of total)
69% 79
%
UK
Lond
on
63%
Tham
es V
alle
y
62%
Man
ches
ter
Leed
s70
%
Birm
ingh
am71
%
Bris
tol
69%
Car
di�
69%
Edin
burg
h87
%
The UK’s Tech Community is highly optimistic on opportunities to scale69% of respondents rate their opportunities to scale positively
How would you rate the opportunities for high growth digital tech companies to scale in your local area?
Tech Nation surveyed the UK Tech Community on doing business, people, living and growth. 3,428 people responded to the survey, the majority of which were tech co-founders and people
working in the tech sector. These are the key �ndings from the Doing Business section:
(Positive responses as % of total)
42%
34%
UK
Lond
on
33%
Tham
es V
alle
y
69%
Man
ches
ter
Leed
s48
%
Birm
ingh
am68
%
Bris
tol
33%
Car
di�
67%
Edin
burg
h62
%
Access to workspaces is a key issue in London, Bristol and Thames ValleyOnly 34% of respondents in London, 33% in the Thames Valley, and 33% in Bristol rate their access to local workspaces positively
How satis�ed are you with the access to a�ordable workspace in your local area?
(Positive responses as % of total)
24%
25%
UK
Lond
on
39%
Tham
es V
alle
y
25%
Man
ches
ter
Leed
s16
%
Birm
ingh
am32
%
Bris
tol
28%
Car
di�
28%
Edin
burg
h27
%
Recruiting skilled workers is a major challenge across all communitiesOnly 24% of responses across the UK were positive on recruiting skilled workers
To what extent is recruiting skilled workers to your company a challenge?
(Positive responses as % of total)
28% 31
%
UK
Lond
on
13%
Tham
es V
alle
y
25%
Man
ches
ter
Leed
s28
%
Birm
ingh
am21
%
Bris
tol
27%
Car
di�
31%
Edin
burg
h38
%
Across all tech communities, access to �nance is a major challengeOnly 28% of responses across the UK were positive on access to �nance
To what extent is accessing �nance a challenge to your company?
The UK’s tech communities are positive about opportunities to scale, but access to talent and �nance are key challenges
Contact Information:
Owen KingDirector, Occupier Research, [email protected]
Michael DavisTech and Media Sector Lead, [email protected]
In partnership with:
