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New Strategy Puts UK Trade & Investment at the Heart of Government Response toGlobalisation Challenge

JULY 21, 2006

UK Trade & Investment's new five-year strategy, 'Prosperity in a Changing World', puts the organisation at the heart of Government efforts to maximise the UK's ability to attract foreign direct investment (FDI), win market share in the new high growth economies, and help business internationalise in a globalised world. more

Best Year Ever for Canadian Investment in the UK

JULY 5, 2006

The UK Continues to be one of the World’s Most Attractive Economies for Foreign Investors

TORONTO (July 5, 2006) – Canadian businesses continued to choose the UK as their preferred European investment location in 2005/2006. A record number of 75 Canadian companies expanded their operations into the UK, up more than 10 percent over 2004/2005 and creating more than 1,900 new jobs. By project, Canada was the fourth largest investor in the UK behind the U.S.A., Japan, and India but ahead of Germany, France, Ireland, and China. more

UK-based Captec Opens Captec Americas Inc. in the Waterloo Region

APRIL 12, 2006

Captec Ltd., a UK-based designer and manufacturer of industrial computers and communications equipment, has established its North American headquarters, Captec Americas Inc., in Canada’s Technology Triangle (CTT). Recognising the need for a North American presence for continued growth, Captec opened the Kitchener facility under the leadership of Brian Inglis, General Manager, Captec Americas Inc. more

Cashing in on the iPod Generation

MARCH 16, 2006

With the help of UK Trade & Investment, an Essex based company has boosted its export business and signed a lucrative deal to produce podcasts for a Toronto company. more

Britain Tops World in Foreign Investment

JANUARY 24, 2006

Britain has come top of the international league table of recipients of foreign direct investment (FDI) after an exceptional year in which it benefited from nearly a quarter of all cross-border business, the United Nations said yesterday.
more

UK ECONOMY

AUGUST 2005


SUMMARY

  • GDP growth was 0.4% in 2005 Q2, quarter-on-quarter, and 1.7% year-on-year. New independent forecasts for 2005 average 2.1%.
  • Inflation reached 2% in June and is now on target for the first time since the adoption of the new target measure in 2003. The MPC cut rates by 25bps on 4 August to 4.5%.
  • Unemployment increased slightly to 4.8% in June, and there was a modest fall in the employment rate from 74.8% to 74.7%.
  • For the first time since early 2001, annual house price growth has fallen below annual earnings growth.
    more

 

Canadian Investment in the UK Climbs

JUNE 29, 2005


Canadian businesses continued to choose the UK as their preferred European investment location in 2004/2005. Sixty-seven new Canadian projects were set in the UK, up 24 percent over 2003/2004. Canada finished second only to the U.S. as a leading investor by number of projects in the UK for the 12 months ending March 31, 2005. For 2004/2005, the UK recorded its highest ever number of inward investment projects at 1,066, creating over 39,000 new jobs, according to figures published today by UK Trade and Investment. more

 

UK Economy

JUNE 20, 2005

  • GDP growth was 0.5% in the first quarter of 2005, and 2.7% year-on-year. Independent forecasts for 2005 average 2.5%.
  • Inflation increased to 1.9%, close to the Bank of England's target rate of 2.0%.
  • Unemployment remained at 4.7% with a modest fall in the employment rate to 74.8%
  • The current amount deficit improved in the fourth quarter to stand at 1,7% of GDP. more

 

Chromosome Decoded

MARCH 17, 2005


An international team led by the Wellcome Trust Sanger Institute, Cambridge, UK has succeeded in coming up with complete analysis of the X chromosome. more

 

UK economy 'continuing to grow strongly

MARCH 16, 2005


The UK's economy is continuing to grow strongly and the Government is meeting its strict fiscal rules for sound public finances the British finance minister, Chancellor of the Exchequer Gordon Brown, said during his Budget speech today. more

 

Red tape slashed for business

MARCH 16, 2005


Encouraging enterprise is essential if Britain is to compete in a global environment, said Chancellor Gordon Brown in his Budget speech. more

 

The latest quarterly economic indicators for the UK.

MARCH 2005

The latest quarterly economic indicators for the UK. more

 

UK Bids To Be Best Place For Science

JANUARY, 2005

A new five-year development programme by the United Kingdom government aims to make the UK the most attractive place in the world for scientific research. The Creating Wealth From Knowledge programme drawn up by the Department of Trade & Industry makes it clear that science, innovation and technology will be the key to the UK's future industrial success. more

 

Ambitious British, Canadian healthcare firms team up to create innovative technology

NOVEMBER, 2004

Plasso Technology has developed and refined a novel chemical surface coating technique with huge potential in the healthcare and life science sectors. more

 

British firm Serco helps SNC-Lavalin win bid to build Vancouver area mass transit system

NOVEMBER, 2004

MONTREAL (CP) - SNC-Lavalin Inc. and British-based Serco have been selected to build a major mass transit system in the Vancouver area. The project will link up suburban Richmond, Vancouver International Airport and the city's downtown. more

 

Prime Minister Blair warns of "alarming" climate change

SEPTEMBER, 2004

In a speech to the Prince of Wales Business and Environment Programme in London on 14 September, British Prime Minister Tony Blair warned of alarming climate change. more

 

Canada / UK Connection at Athens Olympics

AUGUST, 2004

The British Consulate General in Toronto hosted a reception for Roots Canada to help launch their new line of Team Great Britain Olympic Parade Wear. more

 

Research Paper Sets Out Agenda For UK Global Position In Business

JULY 21, 2004

The UK needs to remain an agile economy to maintain its position as global trading nation, says a new discussion paper published today by UK Trade & Investment. Remaining an attractive location for inward investment is vital if the UK is to maintain its position as a key player in the global economy into the future, says the paper, written by James Woudhuysen, Professor of Forecasting and Innovation at De Montfort University, Leicester. more

 

UK Inward Investment Figures Demonstrate Close Relationship with Canada

JULY 7, 2004

Inward investment projects coming from Canada into the UK continued to be strong in the year 2003/2004, confirming the UK’s position as the top investment location in Europe. Figures published today by UK Trade & Investment show that in total the UK attracted 811 investment and expansion projects by overseas companies, including more than 50 projects from Canada. more

The Latest Quarterly Economic Indicators For the UK

JANUARY, 2005

The latest quarterly economic indicators for the UK. more

UK Power: Low Prices, Sustainable Global Partnerships

MARCH 24, 2004

IN THE United Kingdom, last year’s deregulation of the wholesale power market lowered energy generation costs and residential electricity prices compared with many other European energy exporting countries. This has also required companies that only produce energy, rather than being also energy distributors or utilities, to store less energy that can be used simultaneously. more

UK Best Place to do Business in Europe

FEBRUARY 2004

Once again, the United Kingdom ranked the best place to locate a business in Europe, according to the 2004 KPMG Competitive Alternatives international business cost study. more

Britons win Canadian
Automotive Design Awards

FEBRUARY 2004

Britain's School of Art & Design at Coventry University in England won in four categories, including first place, in the 2004 Canadian International Auto Show World Automotive Design Competition. more

Brussels accused of laxity in cutting red tape
JANUARY 2004

A World Bank survey of 130 countries found that the UK was in the top 10 least regulated nations. more

New UK Oilfield Is Largest For A Decade
By John Webb, London Press Service
JANUARY 2004

THE go-ahead has been given for development of the largest oilfield to be discovered in the UK's North Sea in the past decade. more

Renewable Energy: The New UK Offshore Industry
By Jim McLelland, Editor of Sustain magazine

JANUARY 2004

THE United Kingdom is blessed with the best renewable energy resources in Europe, if not the world. Its hundreds of kilometres of coastline, an extensive wave front to the Atlantic Ocean and a huge wind resource put the UK in a position to exploit natural resources to generate enough electricity to power the country three times over. more

All of UK on broadband 'by 2005'

JANUARY 2004

BT has said every community in the UK can have broadband net access by 2005. more

UK Trade & Investment - New Identity for Government Organisation Supporting Overseas Trade and Inward Investment
27 OCTOBER 2003

UK Trade & Investment is the new single identity for the UK Government’s business support organisation British Trade International and its operating arms Trade Partners UK and Invest.UK. more

London Voted Europe's Best Business City for Fourteenth Year Running
27 OCTOBER 2003

London has been voted Europe's best city for business by Cushman & Wakefield Healey & Baker's European Cities Monitor 2003 - for the fourteenth consecutive year. London is awarded the first-class ranking over 29 other European cities, including Paris, Frankfurt, Brussels, Amsterdam and Barcelona. more

 

 

 
 
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