| |
London |
Dublin |
| Business climate |
Voted top city in Europe for business in most categories (Secure European Cities Monitor 2007) |
Voted city with top business climate created by government (Secure European Cities Monitor 2007) |
| Lower average tax rate than other European countries |
UK business taxes are on average 10% lower than in other European countries |
Business taxes in IE are on average 15% lower than in other European countries |
| Company tax rate |
Corporation Tax in the UK ranges from 21%-28% depending on the business turnover |
With a few exceptional and special types of business the main corporate tax rate in IE is 12.5% |
| Total assets |
The Office for National Statistics stated that the total assets of the UK amount to £6 trillion (ONS 2005) |
The Confederation of British Industry stated that the whole of Ireland has assets totalling €350 billion (CBI 2006) |
| Currency |
The curency in the UK is the Pound Sterling £ |
The currency in the Republic of Ireland is the Euro € |
| Language |
The main language spoken in the UK is English |
The main languages spoken in IE are English and Irish |
| Staff qualification |
London is ranked as best city in Europe for staff qualification. 1 in 3 people in London have a degree. |
Dublin is ranked as the 11th best city in Europe for Staff Qualification |
| Cost of staff |
Cost of Staff in London differs a great deal from the rest of the UK and ranks quite high. Staff costs are the 25th cheapest in Europe. |
The cost of staff in Ireland has been ranked as the ninth lowest in Europe |
| Quality of telecommunication |
The quality of telecommunication in London has been established as the best in Europe |
The quality of telecommunication in Dublin ranks as the 14th best of Europe |
| Political climate |
"Following right behind IE, the UK ranks 2nd for best political climate for businesses in Europe" |
The Republic of Ireland has been voted city with best climate for business created by government for several consecutive years |
| EU market relations |
The UK's and especially London's position in the world market means that EU market relations are considered the best in Europe |
"Ireland nurtures excellent EU market relations, and will see a rise in the placement of this statistic, which currently places the country as 20th best for EU market relations" |
| International transport infrastructure |
"With its 5 large or expanding international airports, as well as international rail links London was rightly voted as the best in Europe." |
Dublin has the 23rd best international transport infrastructure in Europe |
| Quality of life for employees |
London has been ranked as providing the 11th best quality of life in Europe |
"Closely positioned with London, Dublin has been ranked as offering the 13th best quality of life in Europe" |
| Familiarity with location for business |
86% of participating businesses said they were familiar with London as a business location |
41% of participating businesses said they were familiar with Dublin as a business location |
| Likely to be chosen as relocation city |
21 companies of those taking part in the study expected to relocate to London in 2008 |
13 companies of those taking part in the study expected to relocate to London in 2008 |
| Improving itself/ future |
8% of participating businesses viewed London as improving on itself |
12% of participating businesses viwed Dublin as improving itself |
| Office availability |
"With many refurbished inner city and newly built or expanding buildings, London is said to have the 2nd most available office space in Europe" |
"Being a relatively new player in the business arena, Dublin is still in the middle of its re-building process and is therefore said to have the 17th most available office space in Europe. This is expected to change in the near future." |
| Office value |
"Split between expensive inner city refurbishments and cheaper office spaces in 'greater London', London is said to have the 18th best value office space in Europe" |
"Not sharing London's spot as one of the most expensive housing prices in Europe, office value in Dublin is ranked as the 12th best in Europe" |
| Freedom from pollution |
"Being a mega city, even the congestion charge does not significantly alter London's position as 29th freest from pollution" |
"In contrast, Dublin ranks quite highly as having the 8th most freedom from pollution in Europe" |
