British tech start-ups flourish as investors pile in

A record 10,000 tech companies were created in the UK 2017

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More than 10,000 new tech firms opened for business in the UK last year – an increase of 60% on 2016. At the same time, US companies invested a record amount of money in the booming British tech sector.

According to audit firm RSM, a total of 10,016 software development and programming businesses were incorporated in the UK in 2017, compared with just 6,300 the year before.

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