01 May KPMG Tech Monitor UK Report shows tech sector in buoyant mood
KPMG, the audit, tax and advisory service provider and sponsor of Tech London Advocates, today released its Tech Monitor UK Report. The comprehensive overview of the British technology sector shows that employment and business activity in technology are outstripping the rest of the UK economy.
Commenting on the latest Tech Monitor UK results, Tudor Aw, Head of Technology at KPMG, said:
“Recent falls in share prices of technology stocks have led some to question the health of the tech sector but all the data in this report point to a UK tech sector that is in rude health, and increasingly optimistic in its outlook on business activity and recruitment plans.”
“With the increase in IPO activity, I would like to see the strong performance of UK tech companies translate to a mainstream technology company floating in London to help boost the sector and cement the UK’s position on the map of global tech hotspots.”