London tech giants commit to creating one million tech jobs by 2023

Tech London Advocates has received backing from hundreds of dominant figures in London’s tech sector to publicly pledge to reach one million people in tech jobs in the city by 2023.

The private sector network developed the pledge, which currently has more than 200 signatories, to both grow the London tech scene and tackle the lack of diversity in the sector.

TLA’s pledge comes after the network called on the technology industry to hire up to one million more tech-focused employees in the next five years.

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.”

Many believe the only way to fill the tech industry skills gap across the UK is through collaboration between industry, government and education providers, as well as organisations committed to the cause.

Signatories include 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.

Also in support is Amali de Alwis, CEO of Code First Girls and the 2018 Computer Weekly Most Influential Woman in UK IT.

But to reach the pledge’s goal of one million filled tech roles in the capital by 2023, a new job will have to be created every three minutes, as figures from Tech Nation state there are currently 318,480 people in tech employment in the capital, as well as 48,000 vacancies for tech positions across the UK, according to online recruiter Adzuna.

Not only are there frequent complaints about the lack of skilled workers in the sector, a large number of groups are discounted from the potential talent pool, such as women, ethnic minorities, those with disabilities and the LGBTQ+ community.

On the subject of women in technology specifically – despite the fact more than 80% of those already in the sector would recommend a career in tech to young women, a large majority are still put off by a lack of inclusion and negative gender stereotypes.

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.”