We look at the tech sector and the impact it's growth is having on the housing market
- 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