This is a great article about how the UK continues it strong tech momentum, with start-ups raising £6.3B in 2018.

Key highlights include:

  • UK exits, including IPOs and acquisitions totalled $40bn
  • Landmark UK flotations include Farfetch, Funding Circle, Orchard Therapeutics
  • Sales and IPOs worth $119 bn since 2013
  • The US achieved $136bn of deals and IPOs in 2018, while European sales and IPOs added up to $107bn
  • Europe’s 10 biggest exits included UK-based Farfetch, Sky Betting & Gaming and Zoopla
  • The UK’s tech sector continued to make a strong contribution to the economy in 2018, with 75% higher productivity in UK tech compared to the whole of the UK economy and people working in jobs requiring digital skills are paid on average £10,000 more than non-digital roles