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Tech Nation says UK needs roadmap to help tech sector reach $4tn

30 Mar 2023 2:26 PM | Shivani Kaura (Administrator)

UK technology scaleups have generated $583bn in value since 2014, and could further quadruple in value by 2032 under the right conditions, according to final Tech Nation report.

It said that the value since 2014 was achieved through exits of some form – whether an acquisition, special purpose acquisition company (SPAC) or public listing – and that to return the same rate of value to the ecosystem, UK tech firms should be targeting exists of $2tn over the next decade.

Read more on Computer Weekly here.

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