A record 56,615 new UK technology companies were incorporated in 2025, up 17% year on year. 

According to analysis by RSM UK, nearly every region saw record tech incorporations, with particularly sharp growth in Wales, the West Midlands and the North West, although skills shortages appear to be holding back growth in parts of the South East. 

RSM said the figures highlight the UK tech sector’s continued appeal to entrepreneurs and investors, supported by government backing in areas such as AI, startup funding and tax incentives. 

However, the firm warned that failing to attract and retain skilled talent could limit future growth if barriers to overseas recruitment and graduate retention are not addressed.