UK’s Silicon Valley – growing onshoring
We’ve recently seen Prime Minister David Cameron announce plans to redevelop London’s East End into a ‘Tech City’, with the construction of a £200 million network of technology and innovation centres to rival Silicon Valley.
The thinking behind this is clearly that a technology hub of this sort will help to encourage foreign investment and give the economy a boost.
It seems that research and development is one area which will act as a key driver to helping the private sector pick up new contracts and create new jobs in the months and years ahead, especially important in the wake of the recent public sector cuts.
The full post continues here in Martyn Hart’s ComputerworldUK.com blog.