{"id":63338,"date":"2015-10-27T19:00:00","date_gmt":"2015-10-27T19:00:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=0eafed865ea5c9f67f1dba94fda6584a"},"modified":"2015-10-27T19:00:00","modified_gmt":"2015-10-27T19:00:00","slug":"press-release-uk-confirmed-as-one-of-the-top-places-in-the-world-to-do-business","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=63338","title":{"rendered":"Press release: UK confirmed as one of the top places in the world to do business"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The World Bank Ease of Doing Business report released today (27 October 2015) places the UK as the sixth out of 189 countries, ahead of the US, Germany and Japan. <\/p>\n<p>The UK government\u2019s continued commitment to de-regulate, make it easier to start and grow a business and establish a competitive tax environment has pushed the UK up 2 places, from eighth last year. <\/p>\n<p>Business Secretary Sajid Javid said: <\/p>\n<blockquote>\n<p>The UK has once again climbed up the rankings and is one of the top places in the world to do business, getting closer to the government\u2019s target of reaching the top 5. This is international recognition of the UK\u2019s strong and stable business environment, competitiveness and entrepreneurial spirit. Our economy is now growing faster than any other <abbr title=\"'Group of 7' group of the finance ministers and central bank governors of 7 major advanced economies\">G7<\/abbr> nation.<\/p>\n<p class=\"last-child\">The government is taking steps to ensure that every part of Britain benefits from the growing economy and that everyone who works hard gets the opportunities they need to succeed.<\/p>\n<\/blockquote>\n<p>Government action to improve the ease of doing business includes: <\/p>\n<ul>\n<li>commitment to cut \u00a310 billion of red tape in order to back British business and put resources to more productive use<\/li>\n<li>cutting tax &#8211; at 20%, the UK already has the joint lowest corporate tax rate in the <abbr title=\"'Group of 20' forum for the governments and central bank governors from 20 major economies\">G20<\/abbr>, but it will be cut further to 18% in 2020, making it the lowest in the <abbr title=\"'Group of 20' forum for the governments and central bank governors from 20 major economies\">G20<\/abbr>\n<\/li>\n<li>boosting skills and productivity by raising the quantity and quality of apprenticeships in England to 3 million starts by 2020<\/li>\n<li>investing \u00a36.9 billion in UK research infrastructure up to 2021 \u2013 improving knowledge, expertise and productivity<\/li>\n<li>building stronger trading links with emerging markets, especially China, India and Brazil; and delivering a Europe that is more dynamic and outward focussed as part of our renegotiation<\/li>\n<\/ul>\n<h3 id=\"notes-to-editors\">Notes to editors:<\/h3>\n<p>The <a rel=\"external\" href=\"http:\/\/www.doingbusiness.org\">full report and accompanying datasets<\/a> are available.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World Bank ranks UK sixth, up from eighth.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/63338"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63338"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/63338\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}