Tech startups have been the British economic success story of the past decade. The tech community, just a footnote a decade ago, is now the heart of the UK’s economy. But now there are storm clouds on the horizon. For the startups, there’s a funding crisis – with valuations cut, hiring freezes imposed, and investment drying up. For the UK as a whole, there’s a macroeconomic crisis, a cost of living crisis, and an uncertain growth path for years to come.
In Tech Startup Manifesto 2022, written in partnership with The Coalition for a Digital Economy (Coadec), we explore how the new Prime Minister can navigate those storm clouds. By ensuring Britain’s tech businesses have access to the capital and people they need, and a regulatory landscape conducive to innovation, the tech sector can continue to shine in the UK.