Survey reveals strength of UK-Israel business

By Sandy Rashty, March 9, 2016
Naomi Krieger Carmy

Naomi Krieger Carmy

Anti-Israel activism has not affected UK-Israel business relations, according to a new study.

A report conducted by an Israeli polling company found that only 3 per cent of Israeli technology executives would consider anti-Israel sentiments and antisemitism as a factor when doing business in the UK.

According to the findings, almost 90 per cent of tech companies and 86 per cent of investors expressed interest in business and tech co-operation with the UK, and about half said they have such collaborations or are actively searching for them.

But only 26 per cent of Israeli tech executives and 15 per cent of investors said the UK is the first or second most attractive country for them to do business.

The study, which was conducted at the end of last year by polling firm New Wave Research, surveyed 250 executives and investors from the high-tech, clean-tech and life science industries.

Naomi Krieger Carmy, director of the British Embassy in Israel’s UK-Israel Tech Hub, said: “The survey's findings confirm what we have been hearing on the ground in recent years: that the UK offers great opportunities for Israeli innovation, because it is Europe's business capital, the world's biggest financial centre, has a friendly environment for start-ups and an excellent science infrastructure. All of this can be found just 4.5 hours of flight from Israel."

Last updated: 10:51am, March 9 2016