UK Trade & Investment - Top Reasons to Invest in the UK
What makes the UK Europe’s leading investment destination for international companies developing their global businesses?
1. The easiest place to set up and run a business in Europe
The World Bank found that it takes just 13 days to set up a business in the UK, compared to the European average of 32 days. It ranks the UK as the first in Europe, and fifth in the world, as the easiest place to operate a business.
2. Access to the world’s largest market
The UK is the number one gateway to Europe, giving easy access to the 27 member states of the European Union, and the world's largest single consumer market, with its population of nearly 500 million. The UK’s extensive international connections (travel and IT) infrastructure makes the UK the ideal location to grow an international business.
3. A strong science base
The UK is a world leader in innovation, ranking second only to the USA for the quality of its research base.
4. A stable regulatory environment
The UK has a stable regulatory environment; with a consultative approach to the formulation of regulation, so there are no surprises for business. The UK is one of the most stable political environments to do business: according to Transparency International, the UK is one of the most transparent countries in the world. It has a higher rating than France, Germany, USA and Japan.
5. A flexible workforce
The UK has one of the most flexible labour markets in Europe: the World Bank ranks the UK the second best place in Europe to employ workers, behind Denmark.
6. Most attractive destination for inward investment
According to Ernst and Young, in 2009/2010 the UK attracted the most company investments in Europe.
7. Transport
The UK offers world-class transport links. Heathrow's Terminal 5 is open and working efficiently. Additional expansion is planned for sea container terminals at London Gateway and Felixstowe, and for the rail network, with investment in London Cross Rail and rail freight infrastructure.
8. Olympic opportunities
The London Olympic Games in 2012 will directly award £6 billion of contracts which in turn will generate an estimated 75,000 business opportunities to supply chains in the coming years.
