London's high-tech job scene hailed - graduate jobs

Graduates looking for high-tech jobs should consider heading to London, as more than 1,000 such posts have been created in the capital in the past year alone.

Boasting the largest cluster of venture capital-backed businesses outside the US, London is the place to be for entrepreneurs looking to crack into the emerging sector.

More than 600 companies are based in east London's Tech City, which was established in November 2010. Running from the Olympic Stadium to Shoreditch, it has established itself as an enviable business hub.

The promotional agency of London Mayor Boris Johnson has helped 130 new high-tech companies set up bases in the capital - 20 of these are located in Tech City, creating around 1,300 jobs.

With three times more IT and software companies than any other city in Europe, London offers a wealth of opportunities in the field for graduates. The number of businesses choosing to set up a base near 'Silicon Roundabout' has almost trebled since the start of the year.

Johnson said: "I want to see London continue to shine as a beacon for the world's best creative minds and entrepreneurs so that this emerging sector benefits the whole of London, delivering new skills, jobs and investment."

Copyright Press Association 2011