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The South East has a Gross Value Added (GVA) of £158 billion (approx $290 billion / €230 billion). This is similar to that of Norway and Austria. |
With a population of eight million and a workforce of 4.2 million, the South East is the largest region in the UK. |
Approximately 287,200 VAT registered enterprises are present in the South East, more than any other UK region. |
The South East is the largest exporter in the UK, with £29 billion (approx $52 billion / €41 billion) of goods moved in 2004. |
The labour force is highly educated with 90% of the working age population holding an academic qualification and over one third of the workforce holding a degree. |
Workers with good language skills are readily available in the region due to the truly international workforce of 585,000 people who were born outside of the UK. |
Around nine working days a year are lost per employee due to sickness, the lowest amount for a UK region. |
The region is home to 24 universities and higher education institutes, where nearly 200,000 study. This includes the University of Oxford, one of the most prestigious universities in the world. |
South East universities work very closely with business, with over 2800 research conracts won annually, higher than any other UK region. |
The region's 24 universities and higher education institutes supply over 73,000 graduates per annum. |
£4.66 billion (approx $3.06 billion / €2.43 billion) is spent on R&D annually, nearly one quarter of UK expenditure. |
South East organisations undertaking R&D employ 45,800 people, which is almost 25% of the UK R&D workforce. |
The South East has the highest number of patents granted in the UK. The statistics show that 820 patents, over 20% of the UK total were granted to firms based in the South East in 2004-5. |
There are 6,540 foreign-owned companies in the South East. |
With three international airports, 11 sea ports, 108 motorway junctions, 77 train stations and access to the Channel Tunnel, the South East has one of the most extensive transport infrastructures in Europe. |
Heathrow, the world's busiest international passenger airport, is home to over 90 airlines serving approximately 186 destinations. It handles over 67 million passengers and 1.3 million tonnes of freight each year. |
It takes 35 minutes to travel through the Channel Tunnel between the UK and mainland Europe. Most major towns in the South East are connected by rail to central London with a journey time of under an hour. |
Almost one third of the land in the South East (637,000 hectares) is designated as an Area of Outstanding Natural Beauty (AONB), more than any other UK region. |
In 2004-5, the South East had the second lowest crime rate in England with 8,983 reported crimes per 100,000 people. |
94% of the South East population is in good or fairly good health, which is higher than any other UK region. |
Eurostar has set a record for the quickest train journey between Paris and London of just 2 hours, 3 minutes and 39 seconds, meaning a typical journey will take just over 2 hours when the line opens in November 2007. |
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| South East apprentices bolster businesses |
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4 February 2010
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The launch of Apprenticeship Week has seen a host of South East organisations highlighting the potential benefits of a skilled workforce and the value they can bring to businesses.
Beginning Monday February 1st and running through to Friday February 5th, the week is organised by the National Apprenticeship Service and covers much of the region.
Organisations including the North Hampshire Chamber of Commerce, the Thames Valley Chamber of Commerce and Sussex Enterprise will be running events, and an array of locations will be hosting activities highlighting the contribution of apprentices to business, including Portsmouth Dockyard, the Aviator in Farnborough and Saïd Business School in Oxfordshire.
Among the events taking place nationwide is a scheme which sees high-profile politicians, business leaders and industry figures go 'back to the floor', to see for themselves the contribution apprenticeships can make to successful individuals and businesses.
As part of the scheme, SEEDA Chairman Rob Douglas visited employers and apprentices at Southampton City College, witnessing first-hand some of the skills and techniques involved in boatbuilding during lessons at Southampton City College’s Maritime Technology Centre.
Apprenticeships Minister Kevin Brennan, who was also involved in a scheme, commented: "Apprenticeships play an important role in strengthening an individual’s skills and giving businesses the edge to succeed in the upturn."
Alluding to plans to broaden the scope of apprenticeship schemes in the UK, he said he believed they would become increasingly popular.
Prime Minister Gordon Brown echoed the comments, saying the increase from 70,000 apprenticeships in 1997 to almost a quarter of a million now was an indication of their effectiveness in developing a talented workforce.
A recent study by Sheffield University suggested companies can derive tangible long-term financial benefits from apprenticeships.
A Level 3 Advanced apprentice will generate an estimated additional lifetime benefit to themselves and their employer of £105,000 compared to an employee without one.
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