London’s Tech City growth stunted by talent and capital shortage

On the day of the launch of the annual Shoreditch Digital festival, a new report says that a shortage of skilled workers and a lack of funding is holding back the growth of London’s Tech City.

The ‘Tech City Futures’ Report was produced by reseearch company GfK and surveyed London’s businesses based out of Tech City. More than three quarters (77%) say a lack of skilled workers is restricting their growth
A third (33%) believe a lack of access to capital is hindering their business, and a similar number (29%) say as a consequence their company is missing significant business opportunities to expand. Continue reading