Almost 20,000 entrepreneurs started new tech businesses in the UK last year, the equivalent of a new company being launched every half an hour.

Scale-up network Tech Nation analysed data on the department of digital, culture media and sport, based on figures from the Office for National Statistics (ONS) and Companies House.

This showed that between January and December 2020, 19,465 new businesses were registered in the information and communication sector, the equivalent of a new tech business launching every half an hour throughout 2020.

This sector covers software development and applications, web building, computer programming and consultancy.

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