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Evening Standard
Evening Standard
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Rohan Silva

There’s a crunch coming for London tech, but here’s why that’s not all bad

London Economy Quantitative Easing

Rohan Silva

Tech-wreck. Dotcom crash 2.0. Tech-apocalypse. Call it what you will, the end of the era of quantitative easing and artificially cheap money is causing a profound ripple effect across the global tech economy.

Massive companies like Google and Facebook are shedding workers, while start-ups are throttling back spending and desperately trying to conserve money.

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