Page 2 - Uk Technology Sector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mentioned, and it's been hard to grow that sector and for the ftse 100, to grow that sector and for the ftse100, tech is the best of 1% but for the ftse 250 which is small and medium—sized, it's less than 5% of the impact. i think generally, the tech sector in the uk is not as attractive and for tech companies that want to grow, they probably would prefer the us but generally i think it is really about a higher cost of financing as you mentioned, the collapse of svb is affecting basically smaller told all: but so far this stress is contained but it will have implications on lending standards...

Amongst the worst in major economies, this uncertainty is leading a lot of companies especially smaller companies which have less cash buffer harder to access capital, they need to cancel contracts, and that having a knock on effect to the wider industry and tech is impacted by that finding it hard to get funding on a high interest rate environment. this is not news that the uk government wants to hear, they are trying to have start—ups and a new hub in london and despite all of the support and emphasis on tech start—ups, the collapse of svb in the us and other similar organisations has re...