Bilateral trade between UK and Israel up 25 percent to £6.9 billion
'Remarkable' increase heralded by Israeli envoy to Britain Mark Regev at UK Israel Business Awards dinner
Trade between Britain and Israel increased by 25 percent last year, Israel’s ambassador has announced.
Mark Regev told the largest ever UK Israel Business Awards dinner that bilateral trade reached £6.9bn in 2017, compared to £5.5bn in 2016.
Describing the hike as “remarkable”, Regev said it “demonstrates the momentum behind our economic relationship. The hard work of businesspeople and entrepreneurs like all of you at UK Israel Business leaves me in no doubt that the Israel-UK partnership will continue to grow in the years ahead”
CEO Hugo Bieber said: “As more Israeli companies look to open operations in the UK, the outlook for 2018 is good and we expect to see continued growth in trade and investment between the UK and Israel.”
The dinner saw the London Stock Exchange Group honoured as British Company of the Year following its creation of an Israel-based Head of Primary Markets. Twenty-nine Israeli companies are currently listed on the LSE include another winner on the night, Crossrider, which provides marketing technology to monetise mobile and web media.
Teddy Sagi’s LABS, which has creating a tech ecosystem in London through its co-working space, scooped the Israeli Company of the Year title, while healthy.io – which has turned the smartphone camera into an approved medical device – was named most promising company. Businessman and philanthropist Leo Noe was awarded a lifetime achievement award for his role in furthering UK-Israel links.
Thank you for helping to make Jewish News the leading source of news and opinion for the UK Jewish community. Today we're asking for your invaluable help to continue putting our community first in everything we do.
For as little as £5 a month you can help sustain the vital work we do in celebrating and standing up for Jewish life in Britain.
Jewish News holds our community together and keeps us connected. Like a synagogue, it’s where people turn to feel part of something bigger. It also proudly shows the rest of Britain the vibrancy and rich culture of modern Jewish life.
You can make a quick and easy one-off or monthly contribution of £5, £10, £20 or any other sum you’re comfortable with.
100% of your donation will help us continue celebrating our community, in all its dynamic diversity...
Engaging
Being a community platform means so much more than producing a newspaper and website. One of our proudest roles is media partnering with our invaluable charities to amplify the outstanding work they do to help us all.
Celebrating
There’s no shortage of oys in the world but Jewish News takes every opportunity to celebrate the joys too, through projects like Night of Heroes, 40 Under 40 and other compelling countdowns that make the community kvell with pride.
Pioneering
In the first collaboration between media outlets from different faiths, Jewish News worked with British Muslim TV and Church Times to produce a list of young activists leading the way on interfaith understanding.
Campaigning
Royal Mail issued a stamp honouring Holocaust hero Sir Nicholas Winton after a Jewish News campaign attracted more than 100,000 backers. Jewish Newsalso produces special editions of the paper highlighting pressing issues including mental health and Holocaust remembrance.
Easy access
In an age when news is readily accessible, Jewish News provides high-quality content free online and offline, removing any financial barriers to connecting people.
Voice of our community to wider society
The Jewish News team regularly appears on TV, radio and on the pages of the national press to comment on stories about the Jewish community. Easy access to the paper on the streets of London also means Jewish News provides an invaluable window into the community for the country at large.
We hope you agree all this is worth preserving.
