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 Download Global access to the UK's professional services May 2022 - With an outstanding international reputation, the UK excels in providing key professional services to firms and individuals at home and overseas. This factsheet focuses on legal services, accountancy, management consultancy Global access to the UK's professional services Thought Piece A view from The City of London in Brussels’ May 2022 - 'A view from The City of London in Brussels' provides regular insight into how the UK-EU relationship is evolving in professional and financial services. It will look at how both EU and UK policy is changing and affecting the relationship. A view from The City of London in Brussels’ Thought Piece Putting the C for Capital at the heart of the Capital Markets Union May 2022 - In his latest article from Brussels, Nick Collier discusses the need for capital markets in the EU and how the Capital Markets Union project is progressing. Putting the C for Capital at the heart of the Capital Markets Union Research Report The UK | a top destination for financial and professional services investment Apr 2022 - London continues to lead the world as the top destination for foreign investment in financial and professional services The UK | a top destination for financial and professional services investment