The Growing UK Tech Sector and the Need for Global Talent The UK’s technology sector has experienced remarkable growth, reaching a combined market valuation of $1.1 trillion in the first quarter of 2024. This expansion has led to a significant increase in employment, with net tech employment reaching approximately 2.13 million workers in 2023, accounting for about 6.4% of the overall UK workforce. The UK’s technology job market has faced notable challenges recently. In the second quarter of 2024, the British technology industry experienced a 13% decline in new job postings compared to the previous quarter, with computer and mathematical…
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