Latest Chamber News
London, 24th May 2016
Portuguese Chamber event during London Technology Week 2016
The Portuguese Chamber of Commerce is organising an event for Portuguese companies looking at the UK to expand. This will be a seminar held at Blick Rothenberg on the 20th June 2016 (the first day of London Technology Week), from 4.30pm to 7.30pm. The seminar will cover tech investment in the UK, information and advantages of setting-up a tech company here, and 2 case-studies.Read more...
London, 16th May 2016
Business in Portuguese conference at Bloomberg on 8th June 2016
The Portuguese Chamber is organising this half day conference and networking lunch on Wednesday 8th June from 9am to 2pm.
The conference will present business opportunities in Portuguese-speaking countries (Angola, Brazil, Cape Verde, Equatorial Guinea, Guinea Bissau, Mozambique, Portugal, Sao Tomé, Timor) to potential investors in the City of London.
Our conference partners are Bloomberg, the world-leading news and financial data organization, and the Business Confederation of the Community of Portuguese-Speaking Countries (CE-CPLP).
The Portuguese-speaking (Lusophone) countries across the globe cover a land mass the size of Canada and contain over 290 million people. The investment opportunities in Brazil, Angola and Mozambique, in particular, are outstanding.Read more...
London, 3rd May 2016
Portuguese Chamber Corporate member Blick Rothenberg releases a updated version of the guide "Establishing a Business in the UK"
Our Corporate member Blick Rothenberg releases a comprehensive guide that provides information on tax, accounting and commercial issues that overseas businesses need to consider when looking to set up operations in the UK.Read more...
London, 4th March 2016
12th Portugal Property Conference on 14th April 2016 in London – Booking now open
We are delighted to invite you to attend this year’s property conference, sponsored by Santander Totta, on Thursday 14th April 2016 at the Pestana Chelsea Bridge Hotel, London SW8.
The title of this year’s conference is “Portugal property sales to British buyers – how to grow from €1bn to €2.4bn by 2020?"
Registration starts from 2pm and the conference begins at 2.30pm.
Our Conference Chairman this year is Peter Robinson, the MD of the Association of International Property Professionals (AIPP) . He will moderate a total of 12 guests on 4 panels to ensure a lively topical debate with input from the audience. For programme details click hereRead more...
London, 3rd March 2016
Flights into Portugal – seat capacity has increased by 26% since 2010
Portugal’s three biggest airports at Faro, Lisbon and Porto reported 11% annual growth last year, the second consecutive year in which the three combined have reported double-digit growth.
It’s good news for the airport operator VINCI, which has seen demand triple between 1996 and 2015, - despite the recession-related drop of 3.2% in 2009, demand quickly recovered and rose by 8.1% the following year.
London, 3rd March 2016
The Skills Shortage 2016 - Construction in the UK
In the UK, the construction industry was one of the sectors most affected by the financial crisis. Indeed, by 2013, construction output had fallen by 15% in comparison to its 2007 peak, and construction employment by 13%.
However, a recent report by the Construction Industry Training Board (CITB), predicts an average growth-per-year over the next three years of 2.2% in construction output, principally due to increased workload levels.
The report also emphasises the role of housing in this increase, stating that more than 33% of construction output in the next three years will be based in this sector, and in particular, the construction of private home builds (an average growth of 4.6% until 2018).
The shortage of affordable housing in the UK is an issue which has become increasingly pertinent in recent years, and although the Government has launched ambitious plans to build 200,000 new homes a year, the realization of such a task is looking far from feasible.
Figures last year show that the number of new houses being built is still 35,000 below this target and indeed the coming year looks set to follow a similar trend.Read more...
London 23 February 2016
Survey for Portuguese Companies about their views on the upcoming EU referendum on June 23rd, 2016
The British Prime Minister has reached a deal at the European Council meeting on matters he regards as fundamental to the UK's membership of the European Union (EU).
The Portuguese Chamber of Commerce in the UK is urgently seeking Portuguese Companies views on the upcoming EU referendum on June 23rd 2016.
Please help us by completing this very short survey. It will take less than two minutes.
London 22nd February 2016
Haitong Securities UK Ltd joins the Portuguese Chamber
Haitong is the first international Chinese investment bank and in late 2014 it acquired the worldwide investment banking arm of Novo Banco, the “new bank” created after the collapse of Portuguese lender Banco Espirito Santo.
The goal of Haitong is to be the primary channel for capital flows into and out of China. During 2015 their senior management team in London, at Haitong Securities UK Ltd, was expanded significantly to focus on this objective and to provide a full-service cross-asset markets business coupled with sector-focused investment banking.Read more...
London, 19 February 2016
KPMG chooses ebankIT as one of the 10 "Emerging Stars" in the GlobalMarket
Chamber member ebankIT, a Porto-based financial technology company which specialises in mobile banking and finance solutions, has been named by KPMG in London as one of its Top 10 "Emerging Stars" in the global marketplace.
Together with the investment company H2 Ventures, KPMG awarded its 10 "Emerging Stars" at the 'Fintech 100 Awards Ceremony 2015/16', held in London on the 9th of February.
London, 15 February 2016
Capricious Currencies, by Premier FX International Currency Transfers
What has happened to Sterling? For those watching the GBP/EUR exchange rate over recent months, the display of peaks and troughs shows just how volatile it can be. As recently as November, we reached an interbank rate of almost €1.43 to £1 and 12 weeks later it was breaking below €1.28 with current forecasts threatening further losses in the short-term.
So what is the cause of such instability and why have we suddenly been seeing the Pound at its lowest level since late 2014?Read more...
London 14 January 2016
Chamber will highlight Madeira’s beneficial tax regime in 2016
In July 2015 the government of the Portuguese Atlantic island of Madeira agreed a new tax regime with the European Commission which means that companies setting up on the island can enjoy corporate tax rates of 5%, (among the lowest in the European Union), and several other very attractive tax exemptions.
This new tax regime reinforces Madeira’s existing reputation as a credible and stable jurisdiction for structuring international operations and attracting inward investment. Alongside this, the Madeira Regional Government has recently completely overhauled its inward investment team and created an array of attractive investment options. The Chamber is planning an event in London in early 2016 to explain the beneficial tax regime of Madeira to an audience of London tax and business professionals – more information will be circulated shortly.
07 June 2016 - Portuguese Chamber Afternoon Tea at the House of Lords, London
08 June 2016 - Conference "Business in Portuguese", Bloomberg, London
20 June 2016 - "UK - a Key Destination for Tech Companies", Blick Rothenberg, London
07 July 2016 - Portuguese Chamber Golf Tournament and Dinner, Vila Sol - Pestana Golf & Resort, Algarve
19 July 2016 - "The Attraction of Madeira as Centre for Services, Enterprise and Investment", Portuguese Embassy, London