Latest news: Tech firms looking to expand

Latest tweets

Follow @Prospects

 

UK technology firms could create a host of new IT roles, a recent survey has found. 23/08/2012

The data collected by Intellect, the trade association for the technology industry, shows over two-thirds of companies were looking to expand operations, with 43% 'very likely' to hire staff in the near future.

This is potentially very good news for graduates who are working to enter the IT industry.

The report comes after chancellor George Osborne’s speech in the last Budget, in which he said he wanted the UK to become 'the technology centre of Europe'. The Intellect survey shows that 81% of businesses believe that the country can achieve this goal.

Anthony Walker, deputy director general at Intellect, suggested that many firms agree with Osborne and believe technology could be an engine for growth in the country. 'It appears many companies have invested during this year and are now looking to maximise that investment,' said Mr Walker.

However, the survey also states that 66% of IT business leaders do not feel the government fully understands the sector.

'There is clearly a massive challenge ahead for the chancellor to deliver confidence-boosting measures in his autumn statement and we will be continuing to press him to put technology firmly at the centre of the government’s growth strategy,' added Mr Walker.