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End for Tech City London? – Tech City News | Tech City News

Old Street RoundaboutInteresting news from ‘tech city’, which has always seemed a bit of a political bun fight loaded with tons of conflicting interests. While the headline seems to overplay the demise of Quango, its future seems like it’s at the very least, in question.

Tech City UK’s remit has crossed over many other public organisations leading to quiet grumbles from behind the corridors of power.

Despite having a relatively small budget (for instance, less than 0.4% of the Technology Strategy Board’s whopping £440m annual budget), their annual reports have been criticised for claiming credit for things that also come under the remit of other bodies including the Mayor’s office, local councils in the area and private sector led initiatives.

While the article mentions that Joanna Shields stepped down as CEO, it doesn’t mention (but does elsewhere on the site) that she, "will continue in her unpaid roles of Chairperson at the organisation and Business Ambassador for digital industries."

via Exclusive: Is this the end for Tech City London? – Tech City News | Tech City News.