UKTI’s global presence
UKTI has more than
1,200
staff in over
100
overseas markets
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UKTI Mission
•
Support UK companies to grow their
business through international trade;
•
Connect UK business to the world’s top
•
Attract high quality inward investment
to the UK
•
UKTI Presentation
commercial opportunities;
Establish whole-of-government
relationships with major wealth
creators to increase exports and
investment.
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•
Double UK exports to £1 trillion by 2020
•
100,000 more UK companies exporting by 2020
•
One in four UK companies to export by 2020
•
Maintain the UK’s position as the most favoured location in Europe for inward
investment
•
Become the number one destination in Europe for emerging market investment
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The UK’s Government’s
Ambitions
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Ireland & UK: Working
Together
•
€1 Billion of goods & services traded every week
•
The UK is Ireland’s largest export market
•
Ireland is The UK’s fifth
•
200,000 employed in Ireland as a result of UK exporting activity
•
208,000 employed in the UK as a result of exports to Ireland
•
More than 50 Irish companies list of the LSE
•
Over 50,000 Irish Directors of UK companies
•
Greencore PLC & Tesco
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largest export market
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•
A magnet for FDI: leading FDI destination in Europe
•
Corporation tax reduced annually from 28% (2010) to 21% (2014)
•
Four out of the top ten universities in the world
•
Over 100 Science Parks
•
Strong network of Local Enterprise Partners
•
Established Enterprise Zones
•
One of the largest and most diverse creative and digital industry sectors in the world
•
European centre for professional services and world’s leading global financial hub
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Why Invest in the UK?
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•
Cutting corporation tax to 20% in 2015
•
Regional Growth Fund
•
Introduction of the “Patent Box”
•
R&D tax incentives
•
‘Soft landing’ programmes
•
LEP specific offerings
•
Ongoing support / Aftercare
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UK Government attracting FDI
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UKTI Investment Services
 Impartial advice on where and how to set up a business in
the UK
 In-depth, tailored information and advice, e.g. premises,
tax, R&D collaboration, visas.
 Access to lists of professional service organisations which
can support a company’s move to the UK.
UKTI Ireland is currently
working with more than
120
companies expanding into
the UK
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 Guidance on set-up procedures, e.g. corporate structure,
registering a company, relocating staff.
 Practical help in the UK (visits to locations, accessing
financial incentives, etc.)
 Assistance in finding new partners and expanding business.
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55
Projects
1720 New
Jobs
(FY2014)
(FY2014)
11th
Largest
Investor
in the UK
22%
Increase
in
Projects
Key
Sectors
(ICT)
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Investment - Statistics
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Irish Investors into UK
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•
Consumer expenditure on Food & Drink was £196bn in 2013 (up 4.2%)
•
Total Food & Drink exports for 2013 stood at £19.6bn (up 3.7%)
•
8,500 new food & drink products introduced annually
•
Over 7,000 companies operating in the sector
•
The industry invests over £1bn in R&D annually
•
347,500 dedicated food & drink outlets
•
Largest manufacturing sector in the UK employing over 400,000 people
•
Business friendly ecosystem represents wealth of investment opportunities in
manufacturing, the supply chain and consumers
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UK Food & Drink Sector
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16%
£76bn
£25bn
of the UK’s
manufacturing
sector accredited
to food and drink
turnover: food and
drink is the largest
UK manufacturing
sector
gross value added
to the UK
economy
66%
7%
of raw materials in
UK manufacturing
are UK sourced
of UK GDP
represented by the
food and drink
supply chain
400,000
or 15%
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UK Food & Drink Manufacturing
of overall UK
manufacturing
workforce in food
and drink
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The UK: An Established Market
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The UK Retail Sector
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•
The UK’s ICT sector accounts for 8% (£75bn) of total Gross Value Added
•
Europe’s leading market for software and IT services
•
Market value of £58bn per annum
•
Lowest risk destination in Europe, and second lowest in the world, for
businesses to locate their data centres
•
The internet economy’s contribution to UK GDP is growing at 10.9% annually
•
75% of UK adults have fixed or mobile broadband
•
Largest European market for high-end consumer electronic products
•
The UK ICT sector employees approximately 1.5 million people
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UK ICT Sector
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Key ICT Sub Sectors
Data
Centres
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Software
Cloud
Cyber
Security
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Key ICT Sub Sectors
Comms.
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Electronics
& IT
Hardware
E-Commerce
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UKTI’s Irish Presence
Shirley
McCay
Welsh
Government
Director of
Trade &
Investment
Paul Caplis
Emma
Shiel
Trade Advisor
Trade Advisor
Trade Advisor
x3753
BICC
Paul Caplis
Deputy
Director of
Trade &
Investment
Conor
Gavin
Kenny
Davidson
(Vacant)
Head of
Investment
David
O’Hallaron
Trade Advisor
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Cheryl
Dennis
Conor
Kenny
Investment
Advisor
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“The UKTI staff
epitomise
professionalism in all
that they do and it is
their business focus and
dynamism which makes
this organisation an
outstanding partner.”
“The networking
opportunities hosted by
the Ambassador are
most effective and
engender a real spirit of
co-operation and shared
purpose between the UK
& Ireland.”
Eamonn Egan, Lloyd’s Ireland
Andrew Hastings, CEO Barclays Ireland
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Client Testimonials
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