The UK is one of the leading business locations in the world. It has one of the world’s most open economies and boasts a stable business and political environment. With a GDP of around US$2.44 trillion, the UK is the sixth largest economy in world on the World Economic League Table.
The UK is also the number one destination for Foreign Direct Investment (FDI) in Europe. Global investors score the UK highly for many reasons such as quality of life, culture and diversity, education, stability of the social climate, telecoms infrastructure and highly skilled talent.
With a rich and diverse market with world-class industries including life sciences, ICT, creative, financial and professional business services, aerospace and automotive engineering, the UK offers an attractive location for your business, with easy access to customers, product innovators, suppliers and partners.
Whether you are a start-up, a medium-sized or family business, a corporate or an institutional investor, the UK is the best place in the world to start, finance and grow a business.
The UK offers a welcoming environment to international investors. It has a low barrier to entry and a reputation for business-friendly regulation and enforcement. The World Bank rates the UK tax system as more business-friendly than any other major world economy, and ranks the UK among the top countries for ease of doing business.
The tax rate imposed on your business in the UK is relatively low – the UK’s corporation tax is one of the lowest in the EU’s big five economies (France, Germany, Italy, Spain and the UK). And London has a reputation for being welcoming of international businesses who benefit from the favourable tax environment.
The process of setting up your business in the UK is also a simple one, requiring as little as 13 days, compared to the European average of 32 days, which puts the UK in first place in Europe and sixth place in the world. The DIT have helped thousands of businesses locate and expand in the UK.
Many well-known British brands today are owed by international companies. Some examples include the British department store group House of Fraser, famous breakfast Cereal Weetabix and Britain’s most iconic toy store Hamleys, all of which are owned by Chinese corporations Sanpower, Bright Food and C Banner International respectively. British car
manufacturer Jaguar, and Tetley tea with its decades long English heritage, are both owned by India’s Tata Group. All of these demonstrate that the UK is ‘open for business’ and a great place to start and establish your business.
London has one of the most advanced financial markets in the world next to New York, which makes the securities market a very stable and liquid one for investors looking for exposure outside of the United States. London is highly regarded by investors because of its solid regulatory, legal and tax environment.
If education if what you are looking for, then the UK is what you need. The UK has sophisticated world-leading education facilities and a global reputation for quality assured education.
There are a large number of private schools in the UK that boast a long tradition of excellence in education, including Eton, Ludgrove and Downe House. In the Times Higher Education World Rankings 2018, UK universities have 7 in the top 50, and 3 in the top 10 – with Cambridge and Oxford being the top 2 universities in the world.
All universities and colleges in the UK are held to strict standards by the UK government so you know you are getting the best teaching, support and resources available. Studying in the UK, with the life-changing experience it provides, will help you work towards a successful career.