NEWS: Apple has surpassed an £18bn investment in the UK and has doubled its engineering team here over the past five years. The company now employs 550,000 jobs here through direct employment, its supply chain and the economy around its App Store. On the back of the International Investment Summit, which drove £63 billion worth of inward investment, this news from Apple shows that the world's largest and most valuable companies back the UK as a global hub for talent, expertise, and growth. Through attracting investments like these, we can improve growth and living standards for people across the UK. https://lnkd.in/dUMMe8TV
"Impressive milestones from Apple! Their £18bn investment and expansion of the engineering team underscore the UK’s position as a global leader in innovation and talent. With 550,000 jobs created, it’s clear that Apple’s commitment is driving significant economic growth. The International Investment Summit’s success, coupled with such major investments, is a testament to the UK’s potential to elevate growth and living standards nationwide. Looking forward to seeing continued success and collaboration in the future!
If you say it employs 550,000 jobs, they would be better employed building the 1.5 million homes.
It supports 550,000 jobs not employs… it employs 8,000 in UK directly
Yet more focus on big brand B2C firms when 40% of UK firms are B2B/B2G, and ones below 1000 employees are fairly inefficient we find. Lots of corp tax money from profits not being realised. A real waste.
Amazing news, as long as the public can still afford to buy their products!!!
Great news!
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Double it again
Lord HawHaw said
ADVISORY ROLES IN FINANCE - Delivering Change. Expertise in Corporate Transactions (M&A) + Leases & Revenue Recog.
1moIf you’re serious about “improv[ing] growth and living standards for people across the UK” then you should (1) reduce the length and complexity of the U.K. Tax Code by at least 50% within 18 months, (2) provide a level playing field so both people and businesses don’t have to buy tax expertise to minimise their tax burden lawfully, (3) introduce a Tax Ombudsman to allow complaints about unfair treatment from HMRC to be investigated and judged independently and quickly so people don’t live under an oppressive cloud while HMRC decide what to do. These reforms would all help “improve growth and living standards for people across the UK”. Not to mention improve the mental health of long suffering tax payers 👏👏👏