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March US / UK Investment news

Friday, March 9th, 2012

Economic Indicators

UK

  • Gross Domestic Product (GDP) fell by 0.2% in the fourth quarter of 2011.
  • CPI annual inflation was 3.6% in January 2012, down from 4.2% in December 2011. RPI annual inflation was 3.9% in January, down from 4.8% in December.
  • Production output decreased by 3.3% in December 2011, compared with December 2010.

London

  • London’s annual growth in output increased to 1.9% in Q3 2011 from 1.5% in Q2 2011.
  • London’s annual employment growth increased to 3.9% in Q3 2011 from 1.0% in Q2 2011.
  • Annual house price inflation in London was 8.1% in Q4 2011, up from 2.5% in Q3 2011. (more…)

Tags: FDI, UK Inward Investment, UK news
Posted in UK accounting, USA | Comments Off

60 Seconds with Vicki Treadell on Go UK Competition

Friday, March 2nd, 2012

Paul Beare of UK accounting firm Kevin Beare & Co interviews HE Vicki Treadell, British High Commissioner to New Zealand on UKTI’s Business plan competition.

What’s your involvement with Go UK?

As British High Commissioner to New Zealand I attach priority to NZ companies “thinking UK” as part of their internationalisation plans. The GO UK competition is a great way to communicate “why UK”!

How do you think the winners of Go UK will benefit from the prize?

With great partners like Kevin Beare & AMacLimited I know that the winners will get the best support to pursue the opportunity for them in the UK. They will also have access to the advice & services of our UK Trade & Investment team. First class service all round.

Your background is extremely varied. Have you ever seen a competition like this before?

There are one or two other competitions with similar features but none that combines both Government and private sector expertise in the way that GO UK does. This should give the successful company every benefit in realising business success in the UK.

A company is considering entering the competition, but doesn’t believe there will be any mileage in entering: what do you say to them?

First, they have nothing to lose & everything to gain. Our package alone is worth $25k never mind the practical help and advice from a great team that money can’t buy.

The UK economy is getting mixed reviews in the press lately. Do you think Go UK will be of use to the UK economy?

Of course! Every company that establishes a business in the UK brings not just investment, & so a statement of confidence in the UK economy, but the potential of new jobs through business growth from any such investment. More importantly these will be jobs in the private sector where the UK’s economic recovery will be driven from.

Your six month video blog is all about building and developing relationships. Would you agree that Go UK competition is largely about expanding a business by maximising relationships, for all contestants, not just the winners?

Yes. Participation in the competition will lead to new contacts, not just with our UK Trade & Investment team, both here in NZ/Australia and across our network in the UK, but also our partners in the competition. The connections that the latter bring may further open other doors.

How would you advise those people who do not win the competition, to build on their experience?

To stay in touch and to pursue their interests with my UK Trade & Investment Team. We would still like to work with them and to see what we can do to help them internationalise and grow their business from a UK platform. So, you don’t have to be a winner to have a relationship with us.

What would you say to those who weren’t fortunate to win?

As indicated above, stay in touch & let’s see how we can yet work together. The UK remains one of the best global destinations for business and a gateway to global markets. We are all looking to key emerging markets like India & China but just look at where they are making their investments – both are top 5 investors in the UK, all the major Indian and Chinese corporate have a presence in the UK. I think that says it all!

Tags: FDI, International corporate structure, setup business in the UK, UKTI, win business support
Posted in Australia, Go UK!, New Zealand, UK accounting | Comments Off

Top Tech CEO Joins Go UK Judging Panel

Thursday, February 2nd, 2012

UK Trade & Investment (UKTI) has announced that it has appointed the founding CEO of one of New Zealand’s most successful incubators, the Icehouse, to its judging panel for the prestigious GO UK competition where New Zealand companies are invited to submit business plans for a chance to win a $30,000 prize package.

Andrew Hamilton was the founding CEO of The ICEHOUSE in 2001 and he has also been Chair of Incubators New Zealand and Angel Association New Zealand (still a councillor), is a Board member of ICE Angels and also a Board member of ANZATEC – the Australian New Zealand Technology Forum based in Silicon Valley, a group which is tasked with creating a better gateway for NZ and Australian technology companies to enter the US.

Her Excellency the British High Commissioner, Mrs Vicki Treadell, says she is delighted that Andrew has joined the judging panel. (more…)

Tags: FDI, International corporate structure, setup business in the UK, UKTI, win business support
Posted in Go UK!, New Zealand, UK accounting | Comments Off

February US / UK Investment news

Wednesday, February 1st, 2012

Economic Indicators

UK

  • Gross Domestic Product decreased 0.2% in the fourth quarter of 2011.
  • CPI annual inflation was 4.2% in December 2011, down from 4.8% in November. RPI annual inflation was 4.8% in December 2011 down from 5.2% in November.
  • Production output decreased by 3.1% in November 2011, compared with November 2010.
  • Manufacturing output decreased by 0.6% in November 2011, compared with November 2010.

London

  • London’s annual growth in output decreased to 1.5% in Q2 2011 from 2.5% in Q1 2011.
  • London’s annual employment growth increased to 1.0% in Q2 2011 from -0.6% in Q1 2011.
  • Annual house price inflation in London was 5.4% in Q4 2011, up from -0.5% in  Q3 2011. (more…)

Tags: FDI, UK Inward Investment, UK news
Posted in UK accounting, USA | Comments Off

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