Investing in the UK_Martin Phelan_2013
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Martin Phelan's presentation on the UK to members of Confederacion Empresarios de Galicia, en Santiago de Compostela -9 de abril de 2013.
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Investing in the UK_Martin Phelan_2013
- 1. Confederación de Empresarios de Galicia 09/04/2013
- 2. UK - Spain Area: 243.000 sq.Km Population: 62,5m Area: 500,000 sq. km Population: 47m Confederación de Empresarios de Galicia 09/04/2013
- 3. UK - Spain Big Relationship Confederación de Empresarios de Galicia 09/04/2013
- 4. UK - Spain Big Relationship UK is 5th largest Spain export market Spain is 8th largest UK export market Confederación de Empresarios de Galicia 09/04/2013
- 5. Sector exports UK to Spain Sector exports £bn Spain to UK Medicinal & pharmaceutical products 1,356,670,811 Road vehicles (including air cushion vehicles) 995,113,379 Vegetables & fruit 1,411,250,233 417,247,226 Iron & steel 495,466,976 Power generating machinery & equipment 494,451,710 345,394,988 Medicinal & pharmaceutical products 430,139,245 Beverages 329,123,276 Machinery, app & appliances 382,500,095 Metalliferous ores & metal scrap 319,778,390 Beverages 294,822,275 Organic chemicals 304,647,364 Non-metallic mineral manufactures 279,499,252 Machinery, app & appliances 301,048,901 Articles of apparel & clothing accessories 268,221,310 Non-ferrous metals 246,291,843 Inorganic chemicals Petroleum, petroleum products & 352,250,234 related materials Miscellaneous manufactured articles Confederación de Empresarios de & Power generating machinery Galicia 09/04/2013 297,181,172 equipment Road vehicles (including air cushion vehicles) £bn 2,639,064,032
- 6. PLAY Confederación de Empresarios de Galicia 09/04/2013
- 7. Why the UK? • Springboard for global growth • Major European location for ‘ease of doing business’ • Corporation tax rate of 20 per cent by 2015 • R&D Tax Credits – 225% for SMEs, 130% for large companies • The UK’s labour market is one of the world’s most flexible • Europe’s strongest R&D environment • A GREAT quality of life • A return on investment for the long term Confederación de Empresarios de Galicia 09/04/2013
- 8. Recovery developments • National Infrastructure Plan • Industrial Strategy Confederación de Empresarios de Galicia 09/04/2013
- 9. Government Agenda The Trade and Investment White Paper marks a redoubling of the UK Government’s efforts to enable developing countries to follow their own paths to growth through trade and investment Prime Minister David Cameron Confederación de Empresarios de Galicia 09/04/2013
- 10. Top European destination for inward investment Confederación de Empresarios de Galicia 09/04/2013
- 11. Confederación de Empresarios de Galicia 09/04/2013
- 12. UK Trade & Investment (UKTI) “In 2011–12, there were 1,406 foreign direct investment project successes in the UK, of which UKTI was involved in landing 1,172” Confederación de Empresarios de Galicia 09/04/2013
- 13. Contact Martin Phelan Director UK Trade & Investment, Iberia martin.phelan@fco.gov.uk Tel: +34 917 14 64 12 www.ukti.gov.uk www.gov.uk/government/world/spain www.twitter.com/UKTISpain Confederación de Empresarios de Galicia 09/04/2013
- 14. Confederación de Empresarios de Galicia 09/04/2013