Investing in the UK_Martin Phelan_2013
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Confederación de Empresarios de Galicia 09/04/2013 Confederación de Empresarios de Galicia 09/04/2013
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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
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
