Business in the region
The UK is the top investment location in Europe for global
companies wishing to expand or relocate.
The South West of England builds on the UK's strengths as a
place to do business - and adds some more of its own. The result is
one of the best business environments in Europe.
- A strong economy - the UK has had one of the
highest GDP growth rates in Europe, well above the European and
Eurozone averages. (Source: OECD).
- One of the most flexible labour markets in the
world - the World Bank ranks the UK as the second best
place in Europe to employ workers, just behind Denmark. (Source:
World Bank).
- World leader in innovation - the UK is one of
the best places in the world for innovative companies, second only
to the USA for the quality of its research base.
- High quality of living - UK residents enjoy a
high standard of living, education and recreation. The South West
of England is ranked as one of the best places in Europe to live
and work. (Source: Financial Times).
- Springboard to Europe - The UK is the number
one gateway to Europe, giving access to the 27 member states of the
EU - the world's largest single market.
- Magnet for foreign investors - In 2006, the UK
attracted and retained more US dollars of investment than anywhere
else in Europe, and the second highest in the world. The South West
is home to 1,500 overseas businesses.
For more information about investing in South West England,
visit the South West England Inward
Investment Centre website or contact the South West RDA’s
Head of Inward Investment, Ellen Stallins.