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London is EU tech investment capital of 2017

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By *entaur_UK OP   Man
over a year ago

Cannock

London has emerged as the TOP EU city for technology investment in 2017. Even though companies know that the UK is leaving the EU they still see London as the best place in Europe to invest their money. London investors Hoxton Ventures said, "London is the place where US and global investors come as their first port of call".

London beat every other EU city to be crowned Tech investment champion of 2017. The UK Capital had more technology money pour in than the rest of the top ten combined, including Paris, Dublin and Berlin. Despite dire referendum warnings and Remain scaremongering that they would leave, tech firms in London attracted £2.45 billion in venture capital funding in 2017. This was almost 80% of the £2.99 billion invested in Britain as a whole, according to funding database Pitchbook. British firms had almost FOUR TIMES the funding of German rivals.

London Mayor Sadiq Khan said, "This is further proof London is the undisputed tech capital of Europe and I am committed to ensuring we take over from Silicon valley as the world's leading tech hub".

Financial technology was the most popular sector for investors, attracting a record £1.34 billion in venture capital in 2017, the data, compiled for London and partners showed.

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By *xplicitlyricsMan
over a year ago

south dublin

The pace of capital investment in Britain has fallen in 2017 and is forecast to slow even further in 2018 according to the latest ICAEW Economic Forecast. Business investment is forecast to be 2.1% this year, the second weakest since the global financial crisis. As companies continue to ‘wait and see’ what kind of post-Brexit settlement is achieved, ICAEW forecasts investment growth of just 1.5% in 2018.

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By (user no longer on site)
over a year ago

I wonder in the brexit afterscape will the people look back on this as the last time the UK wasn't a shitshow....

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By *entaur_UK OP   Man
over a year ago

Cannock


"I wonder in the brexit afterscape will the people look back on this as the last time the UK wasn't a shitshow.... "

We've already had the Brexit vote in 2016. We've already triggered article 50 in the early part of 2017, and yet still London remains the leading European City for tech investment as the figures for 2017 show. These companies know and are fully aware we are leaving the EU yet they still invest in London more than any other European City.

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By *ilent.KnightMan
over a year ago

Swindon

Investment in business is growing slower than pre brexit. And that is despite having a flat quarter immediate after brexit. (Source ONS)

The extent of the uk numbers versus Europe numbers is interesting ... although I have a pinch of salt on these as the underlying data seems to come from data mining robots.

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By (user no longer on site)
over a year ago

"Things are OK now, therefore nothing will ever change."

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By *illwill69uMan
over a year ago

moston


"I wonder in the brexit afterscape will the people look back on this as the last time the UK wasn't a shitshow.... "

So you see the Britain becoming 'UK a caca'...

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By *ilk_TreMan
over a year ago

Wherever the party is!

The devil is in the detail.

"Financial technology was the most popular sector for investors, attracting a record £1.34 billion in venture capital in 2017"

Maybe that's because the financial services sector will continue as before post Brexit. At least during the "transition period" anyway.

So tell me, what other sectors are attracting huge amounts of post Brexit investment? It's ok, I'll wait...

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By *imiUKMan
over a year ago

Hereford

We haven't left yet....

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By (user no longer on site)
over a year ago

More spin and yet more spin...anything that eases these brexiters simple minds is ok.

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By *entaur_UK OP   Man
over a year ago

Cannock


"We haven't left yet...."

But companies are aware we're leaving.

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By *imiUKMan
over a year ago

Hereford


"We haven't left yet....

But companies are aware we're leaving. "

That isn't as relevant as you seem to think - trade exists in the present, and a lot of investors are looking short-term. If there looks like there is money to be made now, they will invest, and if it looks poor later, then they will pull investment.

Lots of business works by looking short to medium term only.

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By (user no longer on site)
over a year ago


"I wonder in the brexit afterscape will the people look back on this as the last time the UK wasn't a shitshow.... "

Mixing up your ideologies again

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By (user no longer on site)
over a year ago


"I wonder in the brexit afterscape will the people look back on this as the last time the UK wasn't a shitshow....

Mixing up your ideologies again "

Feel free to demonstrate how you came to this conclusion.

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By (user no longer on site)
over a year ago


"I wonder in the brexit afterscape will the people look back on this as the last time the UK wasn't a shitshow....

Mixing up your ideologies again

Feel free to demonstrate how you came to this conclusion. "

You already know how I did.

Your laughable patriarchy tirade about how people thought life without monarch or british rule would be terrible but turned out great as way of pointing to the benefits of regime change (and down playing potential ill effects)...

And yet here you are consistently saying that a step away from EU "rule" (to paraphrase brexiters) for britain is a bad idea.

Mixing up your messages

Of course you will say im lying or deluded or if you believe the believers about the believing or some other jumble of meaningless words that don't amount to an answer

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By (user no longer on site)
over a year ago


"I wonder in the brexit afterscape will the people look back on this as the last time the UK wasn't a shitshow....

Mixing up your ideologies again

Feel free to demonstrate how you came to this conclusion.

You already know how I did.

Your laughable patriarchy tirade about how people thought life without monarch or british rule would be terrible but turned out great as way of pointing to the benefits of regime change (and down playing potential ill effects)...

And yet here you are consistently saying that a step away from EU "rule" (to paraphrase brexiters) for britain is a bad idea.

Mixing up your messages

Of course you will say im lying or deluded or if you believe the believers about the believing or some other jumble of meaningless words that don't amount to an answer

"

As you've already decided how you're going to react to any answer you're given, and have no interest in discourse, might I suggest you'd be better served by starting a blog?

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By (user no longer on site)
over a year ago

See what I mean....

I'd be delighted with anything that isn't a non answer.

Your crew are missing you at #killallmen

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By (user no longer on site)
over a year ago


"See what I mean....

I'd be delighted with anything that isn't a non answer.

Your crew are missing you at #killallmen"

Ahh, another little piece of fiction from you.

How boring.

But I'm certain you won't be letting go of that particular bone, so I'm looking forward to that little lie popping up again and again.

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By (user no longer on site)
over a year ago


"London has emerged as the TOP EU city for technology investment in 2017. Even though companies know that the UK is leaving the EU they still see London as the best place in Europe to invest their money. London investors Hoxton Ventures said, "London is the place where US and global investors come as their first port of call".

London beat every other EU city to be crowned Tech investment champion of 2017. The UK Capital had more technology money pour in than the rest of the top ten combined, including Paris, Dublin and Berlin. Despite dire referendum warnings and Remain scaremongering that they would leave, tech firms in London attracted £2.45 billion in venture capital funding in 2017. This was almost 80% of the £2.99 billion invested in Britain as a whole, according to funding database Pitchbook. British firms had almost FOUR TIMES the funding of German rivals.

London Mayor Sadiq Khan said, "This is further proof London is the undisputed tech capital of Europe and I am committed to ensuring we take over from Silicon valley as the world's leading tech hub".

Financial technology was the most popular sector for investors, attracting a record £1.34 billion in venture capital in 2017, the data, compiled for London and partners showed. "

This is great news for everyone. In addition we have the FTSE at an all time high which is if course a live real time indicator of financial performance. Everyone shares this success including pensioners and those paying into a pension fund . Additional beneficaries are employees who are members of share bonus schemes.

The merchants of doom and gloom have once again been proved wrong. It is great to see posters like Centaur adopting a positive can do attitude . The danger with taking a negative attitude is that it can become a self fulfilling prophecy ..

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By *illwill69uMan
over a year ago

moston

If what I am hearing is correct all the research investment at present is in software systems and unless I am very much mistaken that sort of research can be relocated lock stock and barrel in a matter of hours if not minutes or seconds...

If I am wrong I am sure someone with more knowledge of research will be able to correct me...

However I do know the the 2 scientific PHDs researchers I know (one based in Liverpool uni the other in Keel) have not had their research funding after March 2019 guaranteed and they were both working on research programs that were supposed to extend well into the mid 20's...

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By *or Fox SakeCouple
over a year ago

Thornaby


"London has emerged as the TOP EU city for technology investment in 2017. Even though companies know that the UK is leaving the EU they still see London as the best place in Europe to invest their money. London investors Hoxton Ventures said, "London is the place where US and global investors come as their first port of call".

London beat every other EU city to be crowned Tech investment champion of 2017. The UK Capital had more technology money pour in than the rest of the top ten combined, including Paris, Dublin and Berlin. Despite dire referendum warnings and Remain scaremongering that they would leave, tech firms in London attracted £2.45 billion in venture capital funding in 2017. This was almost 80% of the £2.99 billion invested in Britain as a whole, according to funding database Pitchbook. British firms had almost FOUR TIMES the funding of German rivals.

London Mayor Sadiq Khan said, "This is further proof London is the undisputed tech capital of Europe and I am committed to ensuring we take over from Silicon valley as the world's leading tech hub".

Financial technology was the most popular sector for investors, attracting a record £1.34 billion in venture capital in 2017, the data, compiled for London and partners showed. This is great news for everyone. In addition we have the FTSE at an all time high which is if course a live real time indicator of financial performance. Everyone shares this success including pensioners and those paying into a pension fund . Additional beneficaries are employees who are members of share bonus schemes.

The merchants of doom and gloom have once again been proved wrong. It is great to see posters like Centaur adopting a positive can do attitude . The danger with taking a negative attitude is that it can become a self fulfilling prophecy .. "

And the danger of ignoring the actual evidence and trusting to hope and gut emotion is that the economy goes tits up to keep a minority of elderly and poorly educated daily mail reader's happy.

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By *illwill69uMan
over a year ago

moston


"And the danger of ignoring the actual evidence and trusting to hope and gut emotion is that the economy goes tits up to keep a minority of elderly and poorly educated daily mail reader's happy."

The tories shafted a generation of youth in the late 70s and 80' and now they are shafting them again as they reach the end of their lives and have made a start on the next generation they intend to shaft...

The strange thing is when tories do this they always do it by means of austerity and it always gives rise to a growth in the fascist movements and parties of the extreme right and anarchist who just want to destroy everything, rather than to more socialist, sharing and caring thinking. To be honest I think brexit is the ultimate act of 'fuck em all' smash it all up and burn it down. and to be honest I do sort of understand the anger and bitterness that has led to here.

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By *uxinteriorMan
over a year ago

south west , continental

I think the country was shafted a little before that by a Mr Callaghan from 1974 to 1979! Remember the winter of discontent.

Mrs Thatcher came into power in 1979!

If we going to talk about shafting the country big style, let's talk about the Mr Blair years!! ??

what was that song "things can only get better" !! Weasels

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By *or Fox SakeCouple
over a year ago

Thornaby


"I think the country was shafted a little before that by a Mr Callaghan from 1974 to 1979! Remember the winter of discontent.

Mrs Thatcher came into power in 1979!

If we going to talk about shafting the country big style, let's talk about the Mr Blair years!! ??

what was that song "things can only get better" !! Weasels "

That doesn't provide a reason or valid excuse for the rank stupidity that is brexit.

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By (user no longer on site)
over a year ago


"We haven't left yet....

But companies are aware we're leaving.

That isn't as relevant as you seem to think - trade exists in the present, and a lot of investors are looking short-term. If there looks like there is money to be made now, they will invest, and if it looks poor later, then they will pull investment.

Lots of business works by looking short to medium term only. "

For most financial business....like government at all levels, the idea of forward planning goes as far as “what’s for lunch”. That’s what fuels the boom and bust rollercoaster that has been so damaging for decades.

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By *illwill69uMan
over a year ago

moston


"I think the country was shafted a little before that by a Mr Callaghan from 1974 to 1979! Remember the winter of discontent.

Mrs Thatcher came into power in 1979!

If we going to talk about shafting the country big style, let's talk about the Mr Blair years!! ??

what was that song "things can only get better" !! Weasels "

I think if you check you will find our economic woes in the mid to late 70's were caused by OPEC turning off the cheap oil supplies to the world and cutting back production a crude and to force prices of fuels to spiral up by banning direct sales to the USA sending the spot price on the rotterdam crude market through the roof as the USA bought up every barrel of crude they could get their hands on.

This only stopped in 1980 when Iraq broke the OPEC quotas after going to war with Iran. This was another case of blaming Labour for a global crisis outside their control, in the same way as crediting Thatcher for the 'recovery' that she had absolutely no hand in other than to pass it off as her and her cabinets genius.

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By *uxinteriorMan
over a year ago

south west , continental

Will I really need to have you on my pub quiz team!

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By *xplicitlyricsMan
over a year ago

south dublin


"Will I really need to have you on my pub quiz team! "

If you want to win things join a UKIP pub quiz. Just do what Centy does; everything bad is the EUs fault, everything good is thanks to Brexit.

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By (user no longer on site)
over a year ago


"London has emerged as the TOP EU city for technology investment in 2017. Even though companies know that the UK is leaving the EU they still see London as the best place in Europe to invest their money. London investors Hoxton Ventures said, "London is the place where US and global investors come as their first port of call".

London beat every other EU city to be crowned Tech investment champion of 2017. The UK Capital had more technology money pour in than the rest of the top ten combined, including Paris, Dublin and Berlin. Despite dire referendum warnings and Remain scaremongering that they would leave, tech firms in London attracted £2.45 billion in venture capital funding in 2017. This was almost 80% of the £2.99 billion invested in Britain as a whole, according to funding database Pitchbook. British firms had almost FOUR TIMES the funding of German rivals.

London Mayor Sadiq Khan said, "This is further proof London is the undisputed tech capital of Europe and I am committed to ensuring we take over from Silicon valley as the world's leading tech hub".

Financial technology was the most popular sector for investors, attracting a record £1.34 billion in venture capital in 2017, the data, compiled for London and partners showed. "

I'll just throw out what you usually throw out, but in reverse.

We haven't formally left the EU yet.

The clue is in the title, TOP EU CITY...

Tech firms need flexibld movement of mid to highly skilled labour. Not much else until they scale up to producing hardware like apple and microsoft.

Taxes go up in Germany and make Londin more desirable? Ask staff to relocate to the UK. Those that want to will do so with ease.

Company assets? Intellectual and cyber property.

How fast can we relocate? How fast can we find fully supported and equipted offices with the hardware we need?

Youre a science tech or engineering tech firm? Most big cities have labs to rent or you can co-opt them from a large uni if you compromise.

In short, one year is a huge span of time in tech give the rate of innovation and exploration in the subject. Top on year can be 10 places down in another year.

Hold off your celebrations till 5 years after brexit. Thats when the real picture emerges.

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