Talent Shortage Threatening London's Growth in Tech
It has been reported that a shortage of talent alongside immigration legislation has been blamed for hindering the technology growth in London.
In a survey completed by a group known as Tech London Advocates, 43% pointed to talent shortage as the biggest problem to the future of technology growth in London.
Tech London Advocates is a team of over 500 people in the tech ecosystem whose job it is to promote London's tech sector, by dealing with issues and challenges they see on the horizon.
Russ Shaw, founder of Tech London Advocates said: "A lack of skills and challenging immigration legislation is inhibiting growth in the capital and threatening London's position as a global technology hub.
"Encouraging young people to study STEM [science, technology, education and maths] subjects and initiatives to encourage digital skills are important steps in the right direction, but we are calling on the government to review education and immigration legislation to fuel the long-term growth of London's most vibrant industry."
The organisation asked a selection of London's fastest growing businesses about the encounters they face around talent and immigration. Staggeringly, nearly all involved reported difficulties with the recruitment, despite having several open vacancies each.
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