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 X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report Unlocking AI skills in financial and professional services Jun 2025 - A bold, practical proposal to address the UK’s AI skills gap in financial services. Unlocking AI skills in financial and professional services Research Report From commitment to action | Tracking UK financial services’ progress on the pathway to net zero Jun 2025 - The third edition of From Commitment to Action, developed for the Net Zero Delivery Summit, tracking progress of financial services firms’ net zero commitments in both the UK and globally. From commitment to action | Tracking UK financial services’ progress on the pathway to net zero Thought Piece Price (some of) it now or pay more later: the case for letting carbon markets get to work Jun 2025 - Why outdated labels are a symptom of stalling progress—and how markets can fix it, a guest blog from Gordon Bennett, Managing Director, ICE Price (some of) it now or pay more later: the case for letting carbon markets get to work Research Report Scaling the global carbon markets Jun 2025 - Building on our 2022 report Enabling the Voluntary Carbon Market, this paper reflects on progress to date and refreshes our earlier recommendations. Scaling the global carbon markets