London: World class talent and fast growth businesses

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1 1 London: World class talent and fast growth businesses London: World class talent and fast growth businesses Highlights from EY s business networking event and panel dialogue in New York with the Mayor of London, Boris Johnson ey.com/uk/london

2 2 London: World class talent and fast growth businesses 3 The start to a great dialogue Message from your hosts 4 Highlights from the panel dialogue 5 Why London? 7 The day captured 9 EY contacts

3 3 London: World class talent and fast growth businesses The start to a great dialogue Message from your hosts EY was delighted to be a part of the Mayor of London, Boris Johnson s trade visit to the US, and proud to host an exclusive networking lunch and panel dialogue with the Mayor of London and US and British senior business leaders. Boris Johnson joined a thought-provoking discussion on Wednesday 11 February in New York, exploring why London is fast becoming the most attractive city for European expansion and international investment. The dialogue also covered investment in skills, access to capital markets and the global awareness of London as a creative hub for businesses looking to expand. We hope that this has encouraged ongoing networking, building on existing and new relationships, and exploring the attractiveness of London as a city for fast growth businesses. This summary includes some key messages from the discussion, together with photographs and a film of highlights of the panel dialogue, which we hope you enjoy. EY works with many international clients with existing UK operations, and those looking to grow internationally. Supporting entrepreneurial growth is a key focus for us, and we have significant experience in providing accounting, tax and broader business growth advice, working closely with our colleagues overseas. We look forward to supporting you on your business journey, from both New York and London. Regards Samuel Johnson US North East Region Accounts Managing Partner, EY Steve Wilkinson UK & Ireland Managing Partner, Markets, EY Caroline Artis Senior London Partner, EY

4 4 London: World class talent and fast growth businesses Highlights from the panel dialogue Highlights from the panel dialogue Click the link to watch Quotes from the day One of the reasons why we ve got phenomenal employment growth in the UK at the moment and the lowest unemployment in young people is because we have a very flexible approach to the labor market. The Government recently announced a 100m pilot helping these companies that are scaling up. I ve got companies coming to me and saying the really exciting science and innovation that exists in London means that we want to set companies up here. Entrepreneurship the age is getting younger, ideas are getting better and businesses are growing faster.

5 5 London: World class talent and fast growth businesses Why London? Welcome to London film Click the link to watch Major player for attracting Foreign Direct Investment Accounting for 48% of UK s total investment in 2014 Ranked No.1 for total number of jobs and projects in the UK Leads the way in IPOs 93 stock exchange listings 59 AIM admissions 34 main market floats A thriving centre for entrepreneurs Creative capital: Technology sector and scaling up Investment in growth is 20 times greater than in 2010 Software investment in London surged by 55% in 2014 Leading universities The UK has 4 of the 6 leading universities in the world, with two based in London Pioneering Life Sciences sector 79,000 people employed in 1,900 life sciences organizations *All figures stated relate to 2014

6 6 London: World class talent and fast growth businesses Why London? An international business hub 40% of European headquarters for the world s top companies are located in the city Talented workforce More than half of London s workforce over the age of 21 are graduates Easy access 5 international airports 12 rail terminals including the Eurostar terminal Celebrates diversity and strong multicultural environment Over 300 languages spoken more than any other city in the world *All figures stated relate to 2014

7 7 London: World class talent and fast growth businesses The day captured

8 8 London: World class talent and fast growth businesses The day captured

9 9 London: World class talent and fast growth businesses EY Contacts UK & Ireland Steve Wilkinson UK & Ireland Managing Partner, Markets swilkinson2@uk.ey.com David MacMurchy Life Sciences Leader dmacmurchy@uk.ey.com Caroline Artis Senior London Partner, EY cartis@uk.ey.com Bridget Walsh Private Equity/China Business Services Leader bwalsh@uk.ey.com Jean-Benoit Berty Technology, Media & Telecommunications Leader jberty@uk.ey.com Bjorn Conway Government and Public Sector Leader bconway@uk.ey.com

10 10 London: World class talent and fast growth businesses EY Contacts US Scott K. Halliday Vice Chair Northeast Region Managing Partner David Moon Entrepreneur in Residence Samuel Johnson US Northeast Region Accounts Managing Partner Matthew Newnes Partner, Head of UK Tax Desk

11 11 London: World class talent and fast growth businesses Entrepreneurial minds Innovative ideas Impressive results It s important to work with people who can add value and understand you. We do just that. ey.com/uk/london

12 12 London: World class talent and fast growth businesses EY Assurance Tax Transactions Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com Ernst & Young LLP The UK firm Ernst & Young LLP is a limited liability partnership registered in England and Wales with registered number OC and is a member firm of Ernst & Young Global Limited. Ernst & Young LLP, 1 More London Place, London, SE1 2AF Ernst & Young LLP. Published in the UK. All Rights Reserved. ED None Information in this publication is intended to provide only a general outline of the subjects covered. It should neither be regarded as comprehensive nor sufficient for making decisions, nor should it be used in place of professional advice. Ernst & Young LLP accepts no responsibility for any loss arising from any action taken or not taken by anyone using this material. ey.com/uk/london

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