AGN Live Country Guides

Doing Business in United Kingdom

Published in July 2017

England, Scotland and Wales (Great Britain) together with Northern Ireland comprise the United Kingdom (UK).

The UK's economy is the fifth largest economy in the world and the second largest in the European Union (EU). The country is a globally important influencer, being one of the five permanent members of the UN Security Council, a founding member of NATO and of the Commonwealth, and a member of the G7 and G20 economic forums. The country pursues a global approach to foreign policy. The UK held a referendum on its continued membership of the EU in June 2106, following which on 29 March 2017 it notified the European Council of its intention to withdraw.

The UK had an estimated 65.11 million people in 2016, with $2.79 trillion GDP (2016) and growth of 1.8%. The inflation rate is currently around 2.7% and nominal GDP per capita is $43,902 (2016 est.). The currency is the Great Britain Pound, GBP.

In 2015 the United Kingdom was the 9th largest export economy in the world and the 11th most complex economy according to the Economic Complexity Index (ECI). The top UK exports in 2015 were gold, cars, packaged medicines, gas turbines and refined petroleum.

The UK is the largest market in the world for U.S. service exports. Major categories of US exports to the UK are aerospace products, agricultural products, biomass, cyber security, medical equipment, new build civil nuclear, certain consumer goods such as pet products, smart grids, sustainable construction, travel and tourism. The proposed US-EU Transatlantic Trade and Investment Partnership (TTIP) has the potential to cut tariffs and address market barriers, thus creating additional opportunities for US-UK trade.

This portal incorporates live data feeds from:

The Organisation for Economic Cooperation and Development (OECD)
The World Bank
The observatory of Economic Complexity

The intention is to provide access to live information extracted from the regularly refreshed databases maintained by these organisations.

 

 

 

Use the navigation buttons below to access to more live data:
Inflation, Development indicators, Exports, Trade Balance, and more.

OECD Country Comparison Portal

The window below is a direct feed of regularly updated information from the OECD. It provides data concerning everything from GDP growth, fiscal balance, investment, and unemployment rates to consumption, import volume and export volume. The window allows comparisons between UK and other countries of the OECD average for these factors.

Inflation (CPI)

Total, Annual growth rate (%)

World Bank Development Indicators

Exports

This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods exported from UK.

Imports

This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods imported into UK.

Trade Balance

This graph is taken from The Observatory of Economic Complexity (OEC).

This graph illustrates the subsequent trade balance of exports and imports to and from UK.

Destinations

This graph is taken from The Observatory of Economic Complexity (OEC).

This graph shows the destinations of goods and services by country.

 

Business Opportunities in the UK:

LIVE PPP OPPORTUNITIES IN LEBANON…      (February 2019)

Lebanese government opens up billions of dollars of FDI infrastructure opportunities for investment, via new Private Public Partnership opportunities. Best sectors to invest are: Property developers, Construction companies, Waste and water treatment, Transport, Infrastructure and Energy.

find the firm best prepared to serve you

THE ‘MACRON EFFECT’ MAKING FRANCE AN ATTRACTIVE PLACE FOR FOREIGN DIRECT INVESTMENT     (May 2018)

Emmanuel Macron took office as the President of France on 14 May 2017, becoming the youngest president in French history and youngest head of state since Napoleon. His victory was based on a manifesto of significant social and economic reform. As his program has started to take effect, Macron has been hailed as having re-launched the French economy as an attractive destination for foreign direct investment – the so called “Macron Effect”.

find the firm best prepared to serve you

NOWS THE TIME TO REVIEW YOUR FOREIGN CURRENCY LOAN     (July 2017)

Foreign Currency Loans became very popular a few years ago. Depending on the currency they potentially offered consumers and companies low interest rates, at attractive exchange rates. But recent experience has shown they can become a problem where they have been sold to consumers and small firms that may not be familiar with the potential pitfalls of such sudden changes in exchange rates. Many legacy loans are still active and still causing problems.

There are professional ways to hand foreign currency loans through Managed Currency Mortgages. A successful currency manager will move the borrower's debt into a currency which subsequently falls in value against the base currency.

For more information about how to hand foreign currency loans through Managed Currency Mortgages, contact an AGN member that can help you.


Tax Publications


The AGN European Region produces annual tax brochures that compare taxes among European countries. Interesting comparisons from year to year give insight into trends.

These surveys are available by report type and year.

Learn more
 

The AGN European Region produces annual tax brochures that compare taxes among European countries. Interesting comparisons from year to year give insight into trends.

These surveys are available by report type and year.

Learn more
 

AGN News in Europe:

April 2019

AGN welcomes new UK member firm, Leonard Curtis!


Leonard Curtis Business Solutions Group, with 18 offices located across the UK, is a market leading service provider, offering positive strategic advice across restructuring, law and finance. Their range of services enables them to tailor unique solutions to whatever problem a business owner may encounter. 

See the Press Release

 
December 2018

ICT-Security Conference 2018 in Alpbach, Austria


Multicont and CRC were exhibitors at the largest security conference in the German-speaking region.

read full article to learn more
 

AGN Firms in the country


United Kingdom
Chiene + Tait LLP
61 Dublin Street
Edinburgh Scotland EH3 6NL
Time Zone: GMT
Phone: (+44) 13 1558 5800
EMail: jeremy.chittleburgh@chiene.co.uk
Chiene + Tait LLP
3rd Floor
126 West Regent Street
Glasgow Scotland G2 2RQ
Time Zone:
Phone: (+44) 14 1222 5980
EMail: jeremy.chittleburgh@chiene.co.uk
Contact Partner: Jeremy Chittleburgh
Chiene + Tait LLP
Fairways House
Fairways Business Park
Inverness Scotland IV2 6AA
Time Zone:
Phone: (+44) 14 6322 7490
EMail: jeremy.chittleburgh@chiene.co.uk
Chiene + Tait LLP
15 Old Bailey
London EC4M 7EF
Time Zone:
Phone: (+44) 20 3178 6825
EMail: carol.flockhart@chiene.co.uk
Dafferns LLP
One Eastwood
Coventry CV3 2UB
Time Zone:
Phone: (+44 024) 7622 1046
EMail: Andy.Bewick@dafferns.com
Contact Partner: Andy Bewick
Leonard Curtis Business Solutions Group (Birmingham)
85-89 Colmore Row
Birmingham B3 2BB
Time Zone:
Phone: 0044 (0) 121 200 2111
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Bristol)
40 Queen Square
Bristol BS1 4QP
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Cardiff)
Sophia House
28 Cathedral Road
Cardiff
Time Zone:
Phone: 0044 (0) 2921 921 660
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Barlborough)
22 Gander Lane
Barlborough
Chesterfield S43 4PZ
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Darlington)
Business Central
2 Union Square
Darlington DL1 1GL
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Glasgow)
4th Floor
58 Waterloo Street
Glasgow G2 7DA
Time Zone:
Phone: 0044 (0) 141 212 2060
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Kings Langley)
Monaco House
Unit 1 Monaco Works
Station Road
Kings Langley WD4 8LQ
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Leeds)
6th Floor
36 Park Row
Leeds LS1 5JL
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Liverpool)
6th Floor
Walker House
Exchange Flags
Liverpool L2 3YL
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group
Level 5, The Grove
248a Marylebone Road
LONDON NW1 6BB
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Manchester)
Tower 12
18/22 Bridge Street
Spinningfields
Manchester M3 3BZ
Time Zone:
Phone: 0044 (0) 161 831 9999
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Preston)
20 Roundhouse Court
South Rings Business Park
Bamer Bridge
Preston PR5 6DA
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Southampton)
Enterprise House
Ocean Village
Southampton SO14 3XB
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Sunderland)
112 High Street West
Sunderland
Tyne and Wear SR1 1TX
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Bury)
Leonard Curtis House
1A Elms Square
Bury New Road
Whitefield M45 7TA
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Wolverhampton)
Regent House
Bath Avenue
Wolverhampton WV1 4EG
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Leonard Curtis Business Solutions Group (Worcester)
40-41
Foregate Street
Worcester WR1 1EE
Time Zone:
Phone: 0044 (0) 207 535 7000
EMail: hello@lcbsg.co.uk
Meaden & Moore, LLP
Lloyds Avenue House
6 lloyds Avenue
London EC3N 3AX
Time Zone: GMT
Phone: +44 (0) 20 7680 1131
EMail: meadenmoore@meadenmoore.com
Shipleys LLP
10 Orange Street
Haymarket
London WC2H 7DQ
Time Zone:
Phone: (+44 20) 7312 0000
EMail: advice@shipleys.com
SHIPLEYS LLP - Godalming
3 Godalming Business Centre
Woolsack Way
Godalming GU7 1XW
Time Zone:
Phone: (+44 1483) 423 607
EMail: godalming@shipleys.com