Wokingham has the highest employment rate of technology professionals in the whole of the UK, according to research released by Tech Monitor UK, the technology research arm of KPMG.
The research additionally shows that UK tech companies are more upbeat regarding job hiring than firms across any other sector. Thirty-eight percent of tech firms expect to increase staff numbers over the next year, while seven percent anticipate a decline.
Also 72 percent of tech firms expect a rise in new business levels, the highest proportion since Tech Market UK started recording such data in October 2009.
Wokingham’s high proportion of tech employment is five times the UK average, the research revealed, and one of the reasons for this is it being home to a number of large multinational firms in Thames Valley Business Park and Suttons Business Park.
Unsurprisingly, the other top tech UK job clusters are all close to the M4, M3 or M25 motorways in the south of England, London is the second-largest tech cluster, with 64 percent of its boroughs surpassing the tech worker employment average in the UK.
The highest concentrations of tech sector employment were reported to be to the west of London, with Richmond having the highest concentration, followed by Hounslow. The government’s Tech City area of London surrounding the Old Street Roundabout also featured relatively high employment in tech, but it was not at the top of the table.
Tech Market UK gave several reasons why this could be the case. “Firstly, it straddles the London boroughs of Hackney and Islington, which both have large, diverse local economies and are home to many multinational companies, especially in the financial services, advertising and market research industries,” said the report.
“This means that the tech sector can and does employ many thousands of people without having a particularly large overall footprint. Secondly, the Office of National Statistics location quotient data are based upon employment at VAT-registered companies in 2011, so may not fully capture start-up companies and small businesses that have sprung up in Tech City more recently.”
The Tech Market UK research shows Scotland has the lowest proportion of employed tech workers in the UK, at less than half the national benchmark.
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