Research and knowledge are the first steps for London/UK Travel Business Assistance. Here is a fact file for London to get you started. Contact us if you are looking to start a business in or expand your market to London/UK. We have consultants ready to help you on the ground in London.
Make your international trips stress-free – Book your complimentary consultation call with Travel Business Assistance today.
Basics
Government: The oldest democracy and monarchy with the longest reigning monarch, Elizabeth II
Official Language: English
Population: 8.5 million out of a total of 66.5 million people in the UK live in London
Time Zone: GMT / BST
Currency: GBP (Pound Sterling)
Must Visit
- Buckingham Palace
- Covent Garden
- Hampton Court
- National Galler
- Leadenhall market
- Tate Modern
- Portobello Market
- St Paul’s Cathedral
- The Tower of London
- Windsor Castle
Events
Sports
Cricket : Lords and the Oval
Premier League Football (Chelsea, Arsenal, Tottenham, Fulham)
Horse Racing :- Royal Ascot, Epsom and Sandown
Wimbledon (mid-June) – Pimms & Strawberries & Cream
Culture and History
Chelsea Flower Show – May
Trooping of the Colour – July
Notting Hill Carnival – August
Lord Mayor’s show – November
London Film Festival – January
The Proms – July to September
Christmas pub crawls
West End Shows – All year
Covent Garden Opera – All Year
Glyndebourne Country opera (Summer only)
Weekend Getaways
Bath Spa (Roman Baths)
Cambridge, Oxford
Henley-on-Thames
The Heart of Kent (Gardens & villages)
York
Global Hub
London is a perfect global geographical hub from a business owner’s point of view as you can speak to everyone in the World (from Tokyo to San Francisco) on the same day.
The UK is rated number 18 in the World by DB for setting up a business and it takes an average of 4.5 days to set up a business.
You can also fly directly to most destinations in the World from one of the 6 London airports. 3 other airports are within 3 hours of the centre of London (Birmingham, Bristol, and Southampton)
Europe’s largest city and financial centre has the most diverse multi-ethnic workforce in the World as well as an extremely flexible, progressive business legislation. It is also one of the safest cities to work, live in, and party in. 40% of London is covered by 3000 natural public parks, therefore walking and cycling are commonplace.
The U.K. is particularly supportive of small and growing enterprises, which makes the country a tempting base for entrepreneurs.
It’s relatively easy to acquire new rounds of investments and financial assistance, including some schemes designed to reduce the tax burden of growing international businesses, including R&D tax credits and capital allowances
London is a major Fintech haven and home to advanced tech hubs. It is also still the leading Insurance capital in the World.
Corporate Tax
- Personal income tax base rate is 17% climbing to 40%
- Capital Gains Tax is 20% and 28% for property
- Repatriation Tax varies significantly
Healthcare
Healthcare is free. The National Health Service (NHS) provides a highly dedicated, caring health service.
London/UK Travel Business Assistance
Are you planning to move your business to London or the UK or open up London as a new market? Perhaps there is a conference in London you need to attend and you need some help. We are here for your London/UK Travel Business Assistance.