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Finance Latest News: Britain Battles to Build Tech Giant as Home-grown Talent Goes West

wochit business
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July 09, 2013 AT 9:42 AM
East London's technology hub is established well beyond start-up status: Thousands of new web firms now work in the offices around Old Street and on any given day the area's coffee shops buzz with young hopefuls meeting advisers and investors. Britain's government has christened the area "Tech City" and makes no secret of its hope that the entrepreneurial ventures being dreamed up there can spearhead an economic boost to lift the country out of a long recession. ...