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Foreign investors pile record £5.5bn into British tech start-ups

“We have a longstanding reputation for innovation and the statistics endorse our reputation as one of the best places in the world to start and grow a digital business.”

British technology start-ups are enjoying an unprecedented investment boom, shrugging off concerns over a no-deal Brexit.


High-tech companies have received a record $6.7 billion (£5.5 billion) in new funding this year, 50 per cent more than the same period last year. They are on course to secure more than $11 billion by the end of the year, easily eclipsing last year’s total of $8.7 billion, according to official figures. The data, from the government’s digital economy council, suggests that Britain remains the most attractive country in Europe for overseas tech investors.


Read the rest on The Times