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Tech firms set to boost recruitment

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Firms in the technology sector - where the East of England has the third highest concentration of employees in the UK – plan to increase employment strongly over the next 12 months, according to a new report.

It says the UK technology sector has outperformed every other sector in terms of employment growth over the last ten years and that its expectations for growth at tech companies are well above the UK private sector average. The report by KPMG and Markit, found that Cambridge employs 98,000 people in the tech sector, followed by 94,000 in Norwich and South Cambs with 82,000 tech employees.

Charles le Strange Meakin, technology partner at KPMG in East Anglia, said: “The East of England is synonymous with the technology sector in the UK and this report clearly demonstrates the importance of the tech sector, not only to the local economy, but the crucial role that our region plays in the UK economy.”

“Importantly, it shows that the UK tech sector has generated solid rates of job creation over the last four years and that it has consistently outpaced other UK private sectors in creating jobs since the global financial crisis in 2008/09. In terms of business outlook and confidence, we can take heart that tech companies in the UK are bullish about the next 12 months. Optimism is at one of the highest levels since data were first recorded in late 2009 and also continues the trend that tech companies are consistently more upbeat regarding hiring intentions then other UK sectors.”

The research shows that the ten local authorities with the highest proportion of tech workers are all in the South East of England.

Last Updated ( Thursday, 16 January 2014 09:44 )