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TechRadar
TechRadar
Craig Hale

UK firms are investing heavily in new tech - but will it make any difference?

United Kingdom Chris Wood Worldpay
Pounds sterling.
  • The average UK SMB now invests 36% of its annual revenue in new tech
  • Finances and payments are common use cases
  • Only 1% of companies remain non-tech-users

Britain's small and medium-sized businesses are investing more than a third (36%) of their annual revenue in new tools and technology, new Worldpay data has said, with most (90%) also agreeing tech investments have already significantly boosted efficiency.

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