The UK has a long history of international trade and, for many overseas companies with international aspirations, remains the first stop on their journey of global expansion. With its combination of trading history, world-class universities and strengths in key sectors such as life sciences and technology, the UK continues to attract investment from all over the world. Its time zone, close proximity to Europe and the fact that English is still the common language of international trade are key factors in the UK’s continuing success in attracting and retaining international investment and talent.
China today is no longer just copying Western technology, but piecing together its own innovation system. With its expanding economy and a stronger role by government, the new technology strategy is raising competitive issues for Silicon Valley companies — and policy issues for the nation. Says Sean Randolph of Bay Area Economic Institute
New research launched today from Retail Economics and Squire Patton Boggs shows that £7.8 billion could be added to the cost of retail goods if the UK fails to agree a deal with the EU. The research features in the first edition of the UK Retail Brexit and Trade Quarterly Review. The review contains economic, policy and legal analysis on the impact of trade and up-to-date narrative on the progress of UK and EU trade negotiations specific to the retail industry.
On behalf of the British-American Business Council, Emanuel Adam, last week attended a meeting of the newly established US-UK SME Dialogue, held in Washington D.C. Taking place around the 3rd US-UK Trade and Investment Working Group Meeting, Adam said the meeting was convened to explore the future US-UK trade and investment relationship post-Brexit and to look at opportunities to deepen the transatlantic economic relationship - particularly for SMEs.