London tech companies commit to creating one million jobs by 2023

Keiligh Baker's picture
by Keiligh Baker

Tech London Advocates has launched the Road to One Million to address the shortage of digital skills in the UK economy and create one million tech jobs by 2023.

The London-based private sector network  has launched a pledge signed by hundreds of tech sector greats to create a million tech jobs in the city over the next five years.

Experts say espite the extraordinary success of British tech companies over the past five years, the industry is in danger of leaving huge swathes of the population behind.

The pledge currently has more than 200 signatories including well-known names in the tech sector, such as Joanna Shields, chairperson of BenevolentAI, Kathryn Parsons, founder of Decoded and Jacqueline de Rojas, president of techUK, as well as technology firms including Microsoft UK, Telefonica, BT Consumer, Oracle, Box and Twilio.

There are 48,297 technology vacancies currently advertised in London but women, ethnic minorities, people with disabilities, the LGBTQ+ community and young people are massively under-represented in the tech workforce.

London’s tech companies currently employ 318,480 people in digital jobs. To reach one million tech employees by 2023, the city needs to be bringing 10,000 people into tech-related employment every single month.

Russ Shaw, founder of Tech London Advocates & Global Tech Advocates, said: “It is wonderful to see leading figures from the UK tech community pledging their commitment to this cause in such high numbers.

“Talent is the most pressing issue faced by digital businesses – both big and small –  and only through joint action can we make a lasting difference. The tech sector is one of Britain’s stand out industries, and by strengthening its foundations, we can sustain its growth and keep Britain at the forefront of global innovation.”

Sarah Luxford, founder of the TLA WiT Working Group, said: “The technology sector is quickly becoming at the core of our daily lives, controlling how we work, interact and communicate. And yet its ability to be inclusive does not match its progress.

“We must work to make the tech sector more inclusive, and gender diversity is a key part of this. Only 17% of the ecosystem is female, and this number must change. TLA’s pledge is making great strides to make this happen.”