Barclays Eagle Labs: Tech in the UK 2024 – Innovation Nation

by | May 14, 2025

This content is supplied by Barclays Eagle Labs, a Barclays-led initiative that supports founders of UK startup and scaleup businesses in the technology and innovation space. Find out more here

We’ve conducted a national survey of 3,000 C-suite and above professionals, to inform our research into the state of innovation across the UK tech ecosystem. Our Flagship report deep dives into the state of current growth and investment trends, across varied regions and cities.

Our Tech in the UK 2024 – Innovation Nation report, has been published in partnership with Beauhurst and is funded by the UK Government. This report provides an insight into the nation’s spread of high-growth tech companies, investment and grant provision, a detailed profile of cities across the UK and detailed survey analysis.

Overall, the sentiment within the UK tech sector, is one of positive growth, strength and increased business resilience. England has continued on as the UK’s largest and most resilient hub, for high-growth business growth. London, Cambridge and Manchester, remain key centres for innovation, with resilience reflected across a wide number of other regions.

In Scotland the tech ecosystem continues to expand with support from key organisations and universities, playing a key role in commercialising research, driving innovation and providing a future pipeline of talent. Wales has also seen an increase in the volume of high-growth companies that it hosts, with Northern Ireland standing out for its maintenance of strong funding levels across 2024.

Read more in our Flagship report to gain an insight into our survey analysis of 3,000 C-Suite professionals, high-growth company distribution, city investment and growth trends plus more. For a deep dive into specific regions across the country, you can also access our accompanying regional reports.

Download the report here

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