The UK has the potential to become a global tech powerhouse, but are we truly maximising our opportunities? A recent event that AIN attended, “UK 2.0 Building a Pro-Tech Britain,” hosted by Digital Frontier brought together industry leaders and policymakers to discuss the challenges and, more importantly, the immense potential of the UK tech scene.
The consensus was clear: the UK has the ingredients to support startups as they grow, but it need to address some critical issues to truly flourish. Joe Hill from public services think tank Reform set the stage, acknowledging that while the UK faces “huge problems,” they are “fixable.” He emphasised the UK’s unique appeal and the fact it was ‘underpriced’.
He made the point that “Few countries have such an appeal…people want to be here.” This inherent attractiveness, coupled with our existing strengths, forms a solid foundation upon which to build. The challenge lay in the institutional factors hampering growth.