- Three out of five companies would choose UK over Europe, APAC and USA for tech -investments, Barclay’s report finds
- Technical companies so cash flows and savings rise, overdraft reduces
- Additional state aid is needed for prolonged support
New research from Barclays has claimed that tech companies are increasingly seeing the United Kingdom as an attractive place to invest, with 62%of technical leaders who favor Britain over Europe and almost as many favors Britain over APAC (61%) and the US (60%).
A strong customer base, qualified workers with a diverse talent pool and rapid consumer recording of tech were cited as central influences behind Britain’s potential success.
Three out of four also noticed Britain’s economic climate supports growth (76%) and that its political landscape will help over the next three years (75%).
Technical companies are investing in the UK
Half of the 500 British technology leaders said they are now planning to increase AI investments by 20% over the next 12 months, with almost all (95%) reporting increasing client demand for AI products and services.
Thanks to the healthy landscape of the UK, 70% of the tech companies surveyed are planning to increase CAPEX by an average of 8.9% this year.
Separate Barclays -Data found that tech -business cash flows increased by 1.7% between Q1 2024 and Q1 2025, and the tech sector had the higher increase in savings account balance, an increase of 21.5%. The use of the coating also fell 26.2% despite borrowing remaining relatively flat, suggesting increased financial health.
“There is a clear feeling that the United Kingdom is keeping his own on the global tech scene, where founders and leaders are increasingly seeing Britain as one of the best places in the world to grow and scale,” commented on the head of technology, media and telecommunications and innovation, Helena Sans.
Looking ahead, 72% agree that government support is important for long -term growth. This includes specialized financing programs (44%), support for attracting international investors (37%), improved tax incentives for equity investments (36%) and start -up and SME grants (36%).
