Posted: 21 Oct 2021 Resource Type: Research Report Download Back The UK’s tech ecosystem is one of the most competitive in the world. Its growing presence is a signal of the strength of research and development in the UK, as well as the depth of investment and collaboration frameworks present. The Square Mile and the City cluster of businesses is home to much of this, creating a supportive atmosphere for tech companies to grow, with unrivalled access to the market for mentorship, investment, and business development. ‘One of the things that makes London so attractive to tech firms is its advanced and interconnected business ecosystem. The clusters of expertise in fields such as banking, consultancy, law, insurance and accounting mean that all the services a new business needs are right here on the doorstep, along with a talented workforce drawn from across the globe.’ ‘The growth of tech in the City has enhanced and strengthened the other businesses here – who benefit from both the technological innovation and the influx of innovative thinking.’ Alderman William Russell Rt Hon Lord Mayor of the City of London Catherine McGuinness Policy Chair of the City of London Corporation $585bn Value of UK tech start-up and scale-up ecosystem 350 More than 350 start-up incubators and accelerators across the country 6,600 Tech companies in the Square Mile Share: Share to LinkedIn LinkedIn Share to Twitter Twitter Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Thought Piece Has Paris overtaken London as Europe’s largest stock exchange? Nov 2022 - Recent news coverage has reported that Paris has overtaken London as Europe’s largest Stock Exchange. But is this an accurate picture? We look at the measures that underpin this story. Has Paris overtaken London as Europe’s largest stock exchange? Research Report Providing financial services to the world Nov 2022 - The UK is the world’s first choice supplier of financial and professional services, helping businesses around the world prosper. Find out more about the UK's innovative financial services sector, and its role as a global leader in attracting investment. Providing financial services to the world Thought Piece Cyber Security Awareness Month Oct 2022 - The United Kingdom is home to the largest, most concentrated, and most accessible cyber security market in Europe. Spread out across the country, the sector consists of over 1,800 firms employing more than 50,000 full time workers. Cyber Security Awareness Month Case Study Phoenix Group | helping people secure a life of possibilities Oct 2022 - Phoenix Group ranks as the largest long-term savings retirement company in the UK and one of the largest in Europe. We spoke to Catherine Foot, director at longevity think tank Phoenix Insights, about the group's long-term growth plans and how being based in Europe's largest insurance market is pivotal to that growth. Phoenix Group | helping people secure a life of possibilities