UK Minister of State for Trade Policy Marks US Visit with Launch of Growing US – British Innovation and Growth in America Publication in New York
9 March 2020
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New York – Today, The British Embassy Washington, in proud partnership with BritishAmerican Business, launched Growing US – British Innovation and Growth in America, the latest publication in the Across The Pond series.
The publication was launched at a reception in New York by Antony Phillipson, Her Majesty’s Trade Commissioner for North America, hosted on the occasion of a visit from the Minister of State at the Department for International Trade, The Rt Hon. Greg Hands MP. The event brought together companies featured in the publication, representatives from the UK Government, and leading transatlantic members of the BritishAmerican Business community.
Highlighting 20 of the most innovative and exciting British companies that are investing and growing in the United States, Growing US tells the stories of British champions for transatlantic growth and innovation.
Through their transatlantic ambitions and operations, the companies featured in this publication are improving American lives, boosting US productivity, and delivering world-leading products and innovative technologies. They are tackling the four ‘Grand Challenges’ set out by the UK Government as part of its Industrial Strategy to cement Britain’s position at the forefront of the industries of the future: Artificial Intelligence (AI) and Data, the Aging Society, Clean Growth, and the Future of Mobility.
Companies profiled include Paxman Coolers Ltd., Kromek Group, Darktrace, Casual Films, addvantage, Re:Cognition Health, Voyage Control, Vegware, The Floow, RELX, Proseal, Sigmatex, Almac, ROLI, Plimsoll Productions, Lifesaver, Chess Dynamics, Intelligent Energy, Cosworth and TradingHub.
The Rt Hon Greg Hands, Minister of State for Trade Policy said:
“I’m delighted to see such a variety of innovative British businesses showcased in this report, illustrating the breadth and depth of our trading relationship with the US.
“By removing, lowering and simplifying trade barriers, a UK-US free trade agreement will not only benefit 31,600 UK-based SMEs who already trade with the US – like those highlighted today – but will also encourage more of the UK’s 5.9 million small businesses to explore trade opportunities in the US.”
Duncan Edwards, CEO, BritishAmerican Business said:
“The stories told in this publication serve to illustrate the enduring strength and opportunity of the transatlantic trade and investment relationship as a driver for growth and innovation, particularly in these times where the UK and the US seek to negotiate a Free Trade Agreement.
“Responsible for over 1.3 million jobs in the United States, British companies play an important role in the American economy, and as these stories show, in the world, by delivering forward-looking technology and innovation.
Emanuel Adam, Director of Policy and Trade, and Project Lead, BritishAmerican Business said:
“What these stories illustrate is that there is a deeper, real-world impact beyond simple economics that the transatlantic trade and investment relationship delivers to innovative British companies who operate in the US.
“BAB is delighted to play its role in telling these stories, which demonstrate the importance of this relationship linking our two countries.”
“We hope that these inspiring torchbearers pave the way for more British companies to turn towards the transatlantic partnership as a source of growth and innovation in for their business.”
Click here to read Growing US: British Innovation and Growth in America
About BritishAmerican Business
BritishAmerican Business is the leading transatlantic trade association created as a result of the merger between the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK.
We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and actions that protect and enhance the environment for transatlantic trade and investment on behalf of our members.
We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming and marketing platforms.
We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition.
For more information, please visit www.babinc.org