Promise of UK visas for world's top tech experts
East London's Tech City was given a huge boost on Friday, with the Government revealing a fast-track visa programme to get top technology talent into the UK.
Prime Minister David Cameron is visiting the East End to make the announcement, which will also see a £15.5million fund for innovative firms.
Industry leaders in the capital's tech sector, as well as London Mayor Boris Johnson, had long argued for digital whizzes to be included in the 'exceptional talent' visa route and will welcome the news.
As reported in the Guardian, Mr Cameron praised the success of Tech City in London and said he was keen to further support the flourishing industry.
"As part of our plan to help Britain succeed, we established Tech City UK to support the creation of a technology cluster in east London and committed to help these businesses to become cornerstones of our economy," said Mr Cameron.
"We've had real success. Today Tech City serves not only as an example of how a city can be transformed into an engine for growth and innovation, but it is also a blueprint for fostering growth that has been recognised globally."
He added £3m will be spent on supporting the development of further clusters around the UK.
The other £12.5m of the fund will be invested in research and development for digital and computing technologies.