United Kingdom

Tech Monitor UK - key findings 

Key points from the Q3 2014 data are shown below in a series of infographics.

UK tech sector experiences solid rise in business activity in the third quarter of 2014…

 

UK tech sector

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…but the rate of expansion has cooled from its recent post-recession peak


 

Cooling and expansion

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New business growth remains strong, despite slowing over the summer


 

Strong business growth

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Job creation rebounds in Q3, while employment growth softens across wider UK economy


 

Job creation

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Stronger rise in payroll numbers supported by accelerated taff recruitment at small tech ompanies in Q3


 

Recruitment increase

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Almost two-thirds (62%) of UK tech companies anticipate a rise in business activity over the year ahead, while only 8% forecast a decline


 

Rise and decline

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Expectations for business activity over the year ahead are far more buoyant than the UK-wide benchmark


Buoyant business

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Tudor Aw

Tudor Aw

Partner

KPMG in the UK

020 7694 1265

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