Technology

(asked on 29th February 2016) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what estimate he has made of the value to the economy of the technology sector.


Answered by
Lord Vaizey of Didcot Portrait
Lord Vaizey of Didcot
This question was answered on 11th March 2016

Digital is one of the fastest-growing and most innovative sectors. It currently supports 1.4 million jobs in the UK and according to the DCMS Digital Sector Economic Estimates, published in January 2016, contributed £118.3 billion to the UK economy in 2014 - up 7.2% on the previous year - accounting for 7.3% of the UK economy. Total UK digital exports came to £43 billion in 2013, equalling 8.2 per cent of all UK exports (goods and services).

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