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.

Transcript of Investing in the UK_Martin Phelan_2013

Confederación de Empresarios de Galicia 09/04/2013Confederación de Empresarios de Galicia 09/04/2013

Confederación de Empresarios de Galicia 09/04/2013

Area: 243.000 sq.Km

Population: 62,5m

UK - Spain

Area: 500,000 sq. km

Population: 47m

Confederación de Empresarios de Galicia 09/04/2013

Confederación de Empresarios de Galicia 09/04/2013

UK - SpainBig Relationship

Confederación de Empresarios de Galicia 09/04/2013

Confederación de Empresarios de Galicia 09/04/2013

UK - SpainBig Relationship

UK is 5th largest Spain export market

Spain is 8th largest UK export market

Confederación de Empresarios de Galicia 09/04/2013

Confederación de Empresarios de Galicia 09/04/2013

Sector exports UK to Spain £bn

Sector exports Spain to UK

Medicinal & pharmaceutical products

1,356,670,811 Road vehicles (including air cushion vehicles)

2,639,064,032

Road vehicles (including air cushion vehicles)

995,113,379 Vegetables & fruit 1,411,250,233

Inorganic chemicals 417,247,226 Iron & steel 495,466,976

Petroleum, petroleum products & related materials

352,250,234 Power generating machinery & equipment

494,451,710

Miscellaneous manufactured articles

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

Power generating machinery & equipment

297,181,172 Non-ferrous metals 246,291,843

£bn

Confederación de Empresarios de Galicia 09/04/2013

PLAY Confederación de Empresarios de Galicia 09/04/2013

Confederación de Empresarios de Galicia 09/04/2013

Why the UK?

Confederación de Empresarios de Galicia 09/04/2013

• 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

Recovery developments

• National Infrastructure Plan

• Industrial Strategy

Confederación de Empresarios de Galicia 09/04/2013

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

Top European destination for inward investment

Confederación de Empresarios de Galicia 09/04/2013

Confederación de Empresarios de Galicia 09/04/2013Confederación de Empresarios de Galicia 09/04/2013

Confederación de Empresarios de Galicia 09/04/2013

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

Confederación de Empresarios de Galicia 09/04/2013

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

Confederación de Empresarios de Galicia 09/04/2013