MQT Written Question & Answer: Tech City

Tech City

Question by Andrew Dismore

Why do you want to lobby the Government to devolve the Tech City Investment Organisation to London and to fold the Tech City Investment Organisation and the associated budget into London & Partners?

Answer by Boris Johnson

This was sparked by TCIO’s expanding remit to cover tech investment across the capital as a whole, directly duplicating with the remit of my inward investment agency London & Partners. My concern is twofold: 1) the efficient use of scarce public resources, and 2) maximising the effectiveness of ‘Tech City’ and related policy to the benefit of the London economy as a whole.

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