LONDON: Investment in Britain's tech sector surged 44 per cent to a record US$13.2 billion pounds in 2019, accounting for a third of all European funding and exceeding the total in France and Germany combined, the UK government's Digital Economy Council said on Wednesday .
He said that while the country was in a good position, it could not afford to be complacent and had to ensure that government policy supported the sector. Britain was striking the right balance between regulating the fast-growing tech sector, for example in developing polices to make the internet as safe as it could be, Warman said, while also remaining pro-investment.
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