CAPITAL WATCH ISSUE 1 2018

7,682 Start up births #1 Preferred location for start-ups London is the top city destination both for tech talent moving within Europe, as well as for those entering the tech industry from outside the region. Top European city Top European city destinations (intro-Rank destinations (non- European migrants) European migrants) 1 London London 2 Paris Paris 3 Madrid Amsterdam 4 Berlin Berlin 5 Amsterdam Madrid London is the #1 most preferred location to start-up by European founders, followed by Berlin and Barcelona. Source: LinkedIn AI/Robotics Fintech Cybersecurity Health Tech Other Retail Tech Creative Tech AR/VR 30.91% 27.47% 10.30% 9.01% 8.15% 3.00% 3.86% 4.29% The economic contribution of the UK digital tech worker is almost twice as high as the non-digital worker. Digital tech workers are helping to boost the wider UK economy through higher productivity levels per worker. The GVA of a digital tech worker is now 2X higher than a non-digital worker, (£103,000 compared to £50,000). £48,000 £53,000 Growth in the productivity gap over the last five years. Tower Hamlets Hackney City of London Wandsworth Westminster Hammersmith & Fulham Southwark Camden Islington Croydon Other Which of the following London boroughs will see the fastest increase of tech companies by 2023? What emerging tech specialism do you think will define the success of London over the next five years? 9.63% 18.35% 18.35% 6.42% 9.17% 9.63% 7.34% 10.09% 9.17% 0.92% 0.92% 20% 8% 4% 3% 11% 11% 5% 12% 6% 13% 7% Tech companies have accounted for 13% of all take-up over the last five years, behind Banking & Financial services companies. This compares to just 6% in the previous five years. Tech take up 2013-2017 Number of users London Amsterdam Paris Frankfurt 327 509 917 1,288 3,298 7,128 Lisbon Dublin London Number of users Amsterdam Paris Frankfurt 1,525 1,910 4,340 4,977 13,111 28,509 Lisbon Dublin Stack overflow users by city Github users by city Source: Cushman & Wakefield Source: Tech London Advocates Source: ons annual business survey/ons business structures database Banking & Finance Government, public & associations Insurance Legal Manufacturing & energy Media Office as a service Other/Unknown Professional services Retail & leisure Tech CUSHMAN & WAKEFIELD 23 LONDON IN FIGURES