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UK opportunities for Aussie businesses

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UK Trade and Investment (UKTI) is encouraging Australian and New Zealand businesses to launch in the UK with its new business plan competition, Go UK. More than 40 Australian companies successfully expanded their operations to the UK last year with the help of UKTI, joining around 1,000 Australian businesses that are already operating there. The competition invites those looking to expand into the UK to submit their business plan online by 3 February 2012, with finalists to be announced later that month. Go UK winners will be flown return by British Airways to London, and will be offered meetings with potential business partners, contacts and networking opportunities, a free limited company, business services and ongoing support from UKTI. Director General of UKTI in Australia and New Zealand Richard Morris, says now is the opportune time to launch in the UK; especially those businesses with an eye to expand further into Europe. "The UK is the easiest place in Europe to do business and has the least barriers to entrepreneurship in the world. Just as Australia can be a gateway to Asia, the UK is the gateway to Europe and a combined population of around 500 million people." Promoting the UK as the world’s sixth largest economy, Morris says that businesses of all sizes should be looking to apply to Go UK. "Everyone has heard about Macquarie, Westfield, BHP Billiton, NAB and others at the big end of town. But not so many people know about the SMEs that crack the UK market every year." Adding that the UK’s economy is poised to grow with the Olympics just around the corner, and that the Australian dollar is continuing its strong value, Morris is keen to promote Go UK as a promising entry into the market, following the success of a similar initiative, UK Market Entry, run last year. To enter, visit here.

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