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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 stages major life sciences investment conference |
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25 February 2010
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The South East is set to host a major conference looking at the prospects for the life sciences sector, as the region continues to prove a leading driver of high-tech business.
BioTrinity, the UK's premier bio-partnering and investment conference, will be staged at Newbury Racecourse and is expected to attract the cream of industry, city speculators and international experts.
At the heart of the conference will be the prospect of future public offerings in the sector and how companies can capitalise on effective flotation to bolster their operations and leverage capital to accelerate development.
Now in its fourth year, the conference will take place on April 12th-14th, with delegates and speakers focussed on the prospects for growth in the life sciences industry and the implications for domestic and international firms.
Investment banker James Steel, Director of Corporate Finance at KBC Peel Hunt, will be among those leading the discussion on life sciences companies and will pay particular attention to the recent rise in IPO activity on both sides of the Atlantic.
KBC's Senior Healthcare Analyst, Paul Cuddon, will also participate, offering perspectives on the City's perception of life science companies and which particular areas are likely to be prominent in the coming months.
Other speakers will include Ian Paling, Chief Executive and Executive Chairman of CellCoTec and former CEO of Corin Group, as well as Vernalis Chief Executive Ian Garland.
The South East has established itself as one of the world's foremost areas for life sciences, with the British government making it a key part of its new Life Sciences Super Cluster plans.
Under the blueprint laid out earlier this year, the knowledge capital tied up in industry, academia and the NHS will be brought together, with an emphasis on delivering the next generation of medicines and treatments. Initiatives such as Therapeutic Capability Clusters - one-stop shops for the UK's top research in different fields - will bring together doctors, professors and technicians, with the South East's proliferation of world-class universities and high-tech companies offering a template for future success.
Next month sees the life sciences industry again at the heart of the South East, with organisations within the region invited to find out more about government plans at an Oxford event hosted by UK Trade & Investment and the Office for Life Sciences.
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