Tech Nation, which promotes the UK as a hub for techology firms, has published data showing the UK’s tech sector has weathered the COVID-19 storm better than most sectors. Since July, technology job vacancies have risen 50%, reaching 75,353 in November.
According to Auzuna co-founder, Andrew Hunter:
“Specialist tech workers are very much in demand and the high salaries commanded by developers and network specialists show how crucial it is for businesses to have access to skilled staff. The challenges for 2021 will be ensuring startups and established tech companies alike can hire the talent they need to facilitate business growth and recovery.”
While London and the South East are creating the majority of new vacancies, regional centres including Manchester and Oxford are also significant centres of growth. Manchester proved to be the fastest-growing tech city in Europe with The Hut Group’s IPO driving much of that success.
Tech Nation’s infographic below highlights the key successes of 2020.
Looking forward, Gerard Grech, Tech Nation’s chief executive believes:
“The UK’s tech businesses have faced one of the biggest upheavals in a century, and still pulled in more than $15bn. At Tech Nation we have been delighted to continue supporting these incredible businesses and are on track to support over 1000 tech scale-ups by March 2022, delivering over $1bn of Gross Value Add to the UK economy.”