London Is Top European Hub For Global Tech Talent
London is the number one destination in Europe for international technology workers, according to latest figures from LinkedIn and Stack Overflow.
The UK capitalâ€™s thriving technology and cultural scene continues to be a major draw for tech talent from overseas, with analysis of LinkedInâ€™s members showing that London welcomed more European and non-EU tech professionals than any other major European city in 2018.
According to the findings, London retained the top spot as the most attractive destination for tech workers looking to move for work for the second year in a row, ahead of the likes of Berlin, Paris and Amsterdam.
Separate research by Stack Overflow, the worldâ€™s largest developer community, shows that London is home to more software developers than any other European city, with over 357,900 workers across the capital. Some of the worldâ€™s largest technology companies have taken advantage of Londonâ€™s high concentration of software developers, with the likes of Amazon, Facebook, Yoox Net-A-Porter Group and Expedia all choosing to base developer teams in the UK capital.
Based on recent analysis of Stack Overflowâ€™s 50 million monthly users, London has more software developers than other major European cities such as Paris and Amsterdam and over three times the numbers seen in Berlin.
The research has been compiled by London & Partners, the Mayor of Londonâ€™s official promotional agency, and is being released today to coincide with the launch of a new online resource hub (jobsandtalent.london) to help international businesses with talent and recruitment in London.
Laura Citron CEO of London & Partners said:Â â€śLondon is home to some of the best technical and creative minds who are helping us to lead the way in cutting edge research and innovations in high growth areas such as Fintech and Artificial Intelligence. Todayâ€™s figures demonstrate that London is an open, welcoming city and that the strength of our tech sector is built on the international makeup of our tech workforce.â€ť
â€śItâ€™s important that we continue to make it as easy as possible for Londonâ€™s businesses to access the best talent from all over the world. We are launching the Jobs and Talent Toolkit to help international businesses make the very most of Londonâ€™s diverse talent offering.â€ť
Joshua Graff, Head of LinkedIn UK added: â€śLinkedIn members around the world continue to see opportunity in London, and whether itâ€™s hunting for jobs on our platform, or moving to a new city to build a career, London remains in front of its European competitors in the battle for high tech talent.â€ť
Nikolay Storonsky, CEO Revolut added:Â “I settled in the UK 12 years ago. I found a city that didn’t care where you came from, only what kind of person you were and what you had to offer. Thanks to everything that London has to offer, I have been able to build one of the fastest growing technology companies in the world. There is no doubt in my mind that London will retain its crown as the best city to build and grow a startup.”
A number of high-profile technology companies and organisations investing in innovation and the startup ecosystem have made long term commitments to London, with many citing Londonâ€™s world class talent pool as a reason for investing. This includes:
- Apple is set to open a new London HQ in 2020 in BatterseaÂ for 1,400 staff
- Googleâ€™s new HQ in Kings Cross will house up to 4500 staff
- Europeâ€™s longest-running tech workspace and startup support organisation Tech Hub has made a fresh commitment to London, revealing a ÂŁ2.2m investment in a brand-new home in Shoreditch
- Imperial College London will be opening a ÂŁ10m new research centre for medical advancements in AI
- UCL announced it will open a new integrated Centre for AI hosted by its Computer Science departmentâ€“ the largest of its kind in the UK.
- Over 200 UCL researchers will move into the purpose-designed Centre, to create a hub of advanced R&D and learning that is being supported by many UK and international companies, including global tech leader Cisco
- LinkedIn moved into itâ€™s new UK HQ in Farringdon in January 2019
Source: London & Partners
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