UK tech investment reaches record levels beyond London

UK technology investment reached record levels last year and it is not just flowing to London.

Analysis by entrepreneur network Tech Nation found investment in UK firms in the sector increased by more than 44 per cent in 2019 to a record £10.9bn.

This was the most in Europe and second to the US which attracted £81.9bn, a figure that was down 20 per cent, and China where investment fell by 65 per cent to £32.3bn.

MXC Capital (LON:MXCP) is a Guernsey based and AIM quoted permanent capital vehicle that invests in technology companies.

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