According to forecast commissioned by the city, 46,000 new jobs in addition to 155,600 and this would be available in next 10 years, which will create additional USD 20 billion of economic activity by 2024.
Organization London & Partners reports that currently London employs 155,600 people in this specific sector. This sector in London is growing faster than the Silicon Valley California , where Giants like Google, Facebook etc are based.
The First ever London technology week is hosted in London, where regions Big Tech names participated. Over 30,000 tech entrepreneurs, investors and developers from around the globe will be attending the week, which comprises over 200 independently-run events.
On Sunday, The Telegraph reported that the capital’s tech industry is to take on almost 2,000 new apprentices to mark the opening of London Technology Week.
Boris Johnson, the Mayor of London, will kick off the week at an event in Shoreditch on Monday, joined by business leaders including Sir Michael Moritz, chairman of Sequoia Capital, and Michael Bloomberg, the former mayor of New York City.