Thursday, 2 May 2013

Tech firms growing 50 times faster than the rest of the economy

Tech firms growing 50 times faster than the rest of the economy




Research from Barclays and Google Campus has shown that digital companies are bucking the trend of the rest of the country and growing revenues on average 11.4 per cent in the last 3 years, 50 times faster than GDP growth of 0.2 per cent.

WIFM: The research confirms that digital businesses are the growth and job providers and may encourage Government to introduce more measures to stimulate tech startups.

City AM covered the research results on their front page