Britain’s fastest-growing tech firms are planning to create thousands of jobs over the next 12 months, with many attracting salaries ranging between £70,000 and £150,000 a year.

A survey of the Sunday Times 100 Tech, our inaugural ranking of the 100 fastest-growing privately owned technology firms with revenues of less than £250 million, found the majority intend to increase their teams this year, with at least 4,200 new roles expected to join their existing 20,600-strong combined workforce.

The growth is in contrast to the restructuring seen at many of the largest tech firms over the past two years, as they lay off hundreds of thousands of people and reposition themselves for AI-driven working. According to layoffs.fyi, about 151,500 staff were released from 540 tech