Event
Join us for the inaugural UKTW Tech Exchange on 19 March 2025 in Taipei. This event will bring together industry leaders, investors, and policymakers to explore UK-Taiwan collaboration in technology and business. Don’t miss this opportunity to connect and grow globally.
analysis
Donald Trump has not confirmed tariffs on the UK but may still indirectly impact the economy through slowed global trade growth, increased borrowing costs, and diverted exports. Analysts warn of risks to industries like steel and automotive, as well as financial market volatility.
News
Taiwan’s booth at the 2025 London Travel Show captivated visitors with its “Waves of Wonder” theme, showcasing the island’s rich culture and landscapes. Interactive activities and special promotions highlighted Taiwan as a top destination for travelers.
News
The UK government backs Heathrow’s third runway, aiming for economic growth and global connectivity. While expected to create 100,000 jobs, it faces opposition over environmental concerns, airspace regulations, and infrastructure challenges. The runway could be operational by 2035.
News
The UK is now the second most attractive country for investment, according to PwC’s survey of 5,000 CEOs. With 14% favouring the UK, it surpasses China and Germany. Chancellor Rachel Reeves calls it a “vote of confidence” in Britain’s economic potential.
News
Nissan and JATCO’s £50 million investment in Sunderland will create 183 jobs and produce 340,000 EV powertrains annually by 2026. Backed by the UK government, this marks a major boost for the nation’s EV sector and strengthens its global manufacturing position.
Government Policies
The UK government invests £7 million in 120 AI projects, helping small businesses boost productivity, reduce waste, and improve efficiency. From bakeries predicting demand to AI-driven road maintenance, this initiative showcases technology’s potential to transform industries.
analysis
The UK faces critical trade decisions in 2025, impacting its economy and business confidence. Key focuses include rebuilding EU ties, advancing the GCC free trade deal, and addressing US-China dynamics under Trump. A clear, cohesive policy framework is urgently needed.
China Airlines introduces trousers for female cabin crew, marking a milestone in its 65-year history. Combining elegance and practicality, the new uniforms enhance mobility, safety, and comfort, reflecting the airline’s commitment to gender equality and employee well-being.
UKTW.ORG connects Taiwanese business with British companies to promote partnerships, supply chain relationships, and market entry strategies.
The UK’s re-entry into Horizon Europe in 2025 offers exciting opportunities for collaboration with Taiwan in green energy, AI, and healthcare innovation. Together, they can drive sustainable development, boost trade, and shape a more innovative global future.
The UK is expanding its electronic travel authorisation (ETA) scheme, requiring all non-British and non-Irish nationals to apply before entry. The rollout begins November 2024, with a £10 fee and a straightforward application process.
As the UK faces zero economic growth in Q3 2024, challenges like weak demand and policy uncertainty arise, but opportunities for Taiwanese businesses exist in innovation, talent acquisition, and sustainable projects. Collaboration could unlock long-term benefits.
UK inflation rose to 2.6% in November, driven by higher fuel, clothing, and housing costs. This marks the second consecutive increase, posing challenges for households and policymakers. The government and Bank of England face pressure to balance inflation control with economic growth.
Discover Steph Huang’s “See, See, Sea” at Tate Britain, an inspiring exhibition blending sculpture, sound, and film to explore humanity’s relationship with food, trade, and the sea. On until 5 January 2025, admission is free. Dive into this thought-provoking experience today!
Britain’s love for tea is waning, especially among younger generations. Traditional tea faces competition from herbal drinks, iced teas, and coffee. With sales declining, brands like Twinings are innovating with ready-to-drink options to stay relevant in the shifting market.
UKTW.ORG’s October events showcased UK-Taiwan synergy, featuring “A Taste of Taiwan” in the UK and “UK Investment Trends” in Taiwan, with insights from Piers Gopsill. Thanks to sponsors like China Airlines UK & CBRE, the events fostered cross-border collaboration!
UK Export Finance partners with a business group to support female entrepreneurs, offering tailored training, networking, and export finance solutions. This initiative aims to close the gender gap in entrepreneurship and boost UK exports. Source: GOV.UK
The 6th UK-Taiwan Energy Dialogue highlights shared efforts in offshore wind, hydrogen tech, and carbon capture, strengthening ties for a sustainable future. This collaboration reflects a commitment to innovation and tackling global energy challenges together.
Tax hikes in the UK have sparked a 26.6% surge in Venture Capital Trust (VCT) investments, with £250.1m raised this year. Offering 30% tax relief and exemptions, VCTs appeal to higher earners, though experts warn of higher risks and liquidity challenges.
UK SMEs can unlock £9.3bn by exporting via e-commerce. Despite Brexit challenges, 66% have mastered EU customs, with 9% entering non-EU markets. Priorities include smoother customs, lower tariffs, and reduced trade barriers for easier global growth.
Meal-kit providers such as HelloFresh and Gousto are rethinking strategies post-pandemic, focusing on profitability and operational efficiency while navigating slowed growth. Global meal-kit revenue is projected to grow to $19.5bn by 2028.
