June 16, 2015
London cements its status as Europe’s most important tech hub
A new report launched to coincide with London Technology Week claims that London has cemented its position as the most important tech hub in Europe and will boost the UK economy by £18bn in 2015. According to the event’s organisers, London’s technology sector is growing faster than both the overall economies of London and the whole UK and will continue to do so for the next decade. The figures show that the number of companies in London’s digital technology sector has grown by 46 percent since the launch of the Tech City programme. The sector now employs almost 200,000 people, 17 percent more than in 2010. Other research from EY claims to show London’s dominance of the European tech sector. According to EY more than 1,000 international tech investment projects located in London between 2005–2014, significantly more than the next most attractive city, Paris (381).
















Plans for what is billed as the tallest office building outside of London have been submitted to Birmingham City Council for approval. The proposed 26 storey tower at 103 Colmore Row is planned to stand 346ft (105m) and house some 2,000 office workers. Birmingham is bound to find the scheme attractive as it vies with Manchester for the crown of England’s second city. Up to now, tall buildings have not enjoyed the same appeal in regional cities as much as they have in London. The new building is planned to replace the former NatWest tower which has lain empty on the development site since 2003 and is set to be demolished once plans are finalised for its replacement. If given a green light, the new scheme will incorporate a rooftop restaurant, green roof, terraces, street level shops and cafes and a winter garden.










