12-04-2016 12:50 via feeds.theguardian.com

Startups abandon Tech City as commercial rents soar

East London is now on a similar pricing path to central London, according to experts, and young tech companies are looking elsewhere“I’m not anti-London but it’s just not feasible for us,” says Matthew Twist, founder of Experiently, an online accountancy marketplace based in Liss, Hampshire. Founded in early 2015, the company was briefly based in Shoreditch before being invited on to an accelerator programme in Newcastle. The decision not to move back to Tech City in Sept
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