
ClusterFuck
Maybe they just forgot about Sage in Newcastle Upon Tyne or Silicon Fen in Cambridgeshire where ARM (arguably the most successful of the UK's digital companies) is Headquartered, because they are well established old, not reliant on the tax payer's money and lack Hipsters.
Could I just suggest something "radical", how about building a digital economy based on boring things like accountancy software or sound electronic engineer like CPU design, crazy though it sounds it might just work.