Author Archives: HM Government

Foreign Secretary Boris Johnson today (Friday 27) embarks on a two day visit to Portugal and France.

The Foreign Secretary is this morning in Lisbon, for his first official visit to Portugal. Boris Johnson will meet his opposite number Foreign Minister Santos Silva to discuss negotiations on the UK exit from the EU, and how to intensify the world’s oldest bilateral alliance.

Later today, the Foreign Secretary will travel to Paris where he will hold talks with French Foreign Minister Jean Yves Le Drian. The ministers will discuss major global security challenges such as Iran and DPRK.

Ahead of his visit, Foreign Secretary Boris Johnson said:

Portugal and the UK have the oldest bilateral Alliance in the world: the Treaty of Windsor, signed on 9 May 1386.

In Lisbon I will discuss how to strengthen our friendship and ensure that after the UK leaves the EU we continue to have a strong, special and modern alliance.

On his visit to Paris, he said:

In Paris, I will discuss with our French partners how we respond together to some of the toughest global security issues we face – Syria, Iran, Ukraine, DPRK.

The UK and France are not only allies, we are the closest of neighbours and friends. Hundreds of thousands of our citizens live in each other’s countries; millions of us cross the Channel every year on visits; and our languages are the most commonly taught in each others’ schools. So as the UK leaves the European Union we are not only preserving a crucial alliance, but writing a new chapter in that story.

Further information

Secretary of State for Wales Alun Cairns is to host a roundtable with International Trade Secretary Dr Liam Fox and leading dairy businesses to discuss future trade opportunities once we leave the EU.

Wales exported £14.6bn worth of goods in 2016, up 10.4% from £13.3bn in 2015, with growing non-EU markets including UAE, Canada, Turkey and China all featuring in its top 15 export destinations.

Wales continues to be a hub for global investment, with latest statistics showing the number of jobs in Wales either created or safeguarded as a result of Foreign Direct Investment projects rising to 11,000 in the last year, up from 7,000 in 2015/16.

Secretary of State for Wales, Alun Cairns said:

Wales is an ambitious outward-looking nation. Our country is home to some of the most innovative and exciting companies and products in Wales are sold right around the globe.

As part of the United Kingdom, Wales benefits from the economic security and international influence that comes from pooling our resources.

The UK Government is ready to support Welsh businesses to take advantage of every opportunity available to them to grow and expand into new markets.

International Trade Secretary, Dr Liam Fox also said:

The Department for International Trade is committed to helping Welsh businesses boost exports, find new markets and showcase their international reputation for excellence, from agriculture to aerospace.

As an international economic department we will also continue to build on the impressive increase in jobs backed by in Foreign Direct Investment, and work closely with the Welsh Government to design a future trade policy in the national interest of the whole UK.

Trade White Paper

The Trade White Paper published by the Department for International Trade establishes the principles that will guide future UK trade policy as well as laying out the practical steps that will support those aims.

These include: * taking steps to enable the UK to maintain the benefits of the World Trade Organisation’s Government Procurement Agreement; * ensuring the UK can support developing economies by continuing to give them preferential access to UK markets; * preparing to bring across into UK law existing trade agreements between EU and non-EU countries, providing certainty to businesses and global investors; and * creating a new, UK trade remedies investigating authority

Feedback from businesses can be sent to stakeholder.engagement@trade.gsi.gov.uk by 6 November.

Further information

• Latest statistics show over the last 12 months the UK secured more foreign direct investment projects than ever before, UK exports have increased 13.1% on the previous 12 months in the year to August 2017 and the current account deficit narrowed to £101.3 billion in the year to 2017 Q2, from £113.8 billion in the year to 2016 Q2.
• In 2016/17 Wales welcomed 85 Foreign Direct Investment projects creating or safeguarding over 11,000 jobs.
• Wales exported £14.6bn worth of goods in 2016.
• While Europe is a key market for Wales, non-EU countries including UAE, Canada, Turkey and China all feature in the top 15 destinations for Welsh exports of goods with the USA remaining Wales’ largest export market for goods.
• The UK Government has developed the Wales Export Guide – a document that sets out the full range of support available to Welsh businesses from the UK Government and contains inspiring stories of companies based in Wales that are successfully exporting.
• You can download a copy of the guide here

The Environment Secretary Michael Gove will today hail the UK’s forward-thinking food sector for driving innovation and productivity as we prepare to leave the EU.

Ahead of a visit to the Bournville chocolate factory today (Friday 27 October), which recently used a £75 million investment to launch four new production lines and employ thousands more staff, the Environment Secretary praised food producers across the country for creating thousands of new products every year – from craft beers, to chocolate, to healthy snacks.

At the Birmingham based factory, the Environment Secretary will see first-hand how even our most recognisable products are continuing to find new ways to push the boundaries – from new technologies to prolong shelf life to ‘free-from’ ranges that tap into consumer demand. The newest line at Bournville can now produce one million bars of Dairy Milk per day.

During a tour of Bournville’s newest production lines which can make a million bars of Dairy Milk every day, the Environment Secretary will see the company’s new innovation kitchen, where the next generation of Bournville products are dreamt up.

Environment Secretary Michael Gove said:

As we leave the EU, we have a great opportunity to make sure our food and farming industry is leading the way in modern, creative thinking.

An innovative industry is a resilient one, and by investing in new technologies and ideas we can make sure we continue to thrive on the global trading stage and build on our renowned reputation as a great food nation.

Last year Defra launched the first ever Food Innovation Network to connect food producers across the country with world-class facilities such as test-kitchens and laboratories to help them create new products and production methods.

The government has also invested £160 million through the Agri-Tech Strategy to improve the flow of ideas and solutions from the laboratory to the farm, as well as £90m to support the creation of four Centres of Agricultural Innovation. These centres will help turn agricultural innovation into commercial opportunities, stimulating inward investment and helping revolutionise future farming practices.

Each year the food chain brings more than £110 billion to the UK economy, with exports hitting a record £20 billion for the first time last year. More than £620 million worth of chocolate was exported around the world, with shipments going as far afield as Australia and the US.

This month’s Price Paid Data includes details of more than 97,000 sales of land and property in England and Wales that HM Land Registry received for registration in September 2017.

In the dataset you can find the date of sale for each property, its full address and sale price, its category (residential or commercial) and type (detached, semi-detached, terraced, flat or maisonette and other), whether it is new build or not and whether it is freehold or leasehold.

The number of sales received for registration by property type and month

Of the 97,102 sales received for registration in September 2017:

• 72,519 were freehold, a 3.2% increase on September 2016

• 9,013 were newly built, a 21.6% decrease on September 2016

There is a time difference between the sale of a property and its registration at HM Land Registry.

Of the 97,102 sales received for registration, 27,553 took place in September 2017 of which:

• 568 were of residential properties in England and Wales for £1 million and over

• 320 were of residential properties in London for £1 million and over

• one was of a residential property in Birmingham for £1 million and over

• three were of residential properties in Greater Manchester for £1 million and over

• none were of residential properties in Cardiff for £1 million and over

The most expensive residential sale taking place in September 2017 was of a flat in the City of Westminster, London for £15,200,000. The cheapest residential sale in September 2017 was of a semi-detached property in Birmingham, West Midlands for £17,500.

The most expensive commercial sale taking place in September 2017 was in Wakefield, West Yorkshire for £39,477,000. The cheapest commercial sales in September 2017 were in the London boroughs of Harrow and Southwark, each for £100.

Access the full dataset

Notes to editors

1. Price Paid Data is published at 11 am on the 20th working day of each month. The next dataset will be published on 28 November 2017.

2. Price Paid Data is property price data for all residential and commercial property sales in England and Wales that are lodged with HM Land Registry for registration in that month, subject to exclusions.

3. The amount of time between the sale of a property and the registration of this information with HM Land Registry varies. It typically ranges between 2 weeks and 2 months. Data for the two most recent months is therefore incomplete and does not give an indication of final monthly volumes. Occasionally the interval between sale and registration is longer than two months. The small number of sales affected cannot be updated for publication until the sales are lodged for registration.

4. Price Paid Data categories are either Category A (Standard entries), which includes single residential properties sold for full market value or Category B (Additional entries), such as sales to a company, buy-to-lets where they can be identified by a mortgage and repossessions.

5. HM Land Registry has been collecting information on Category A sales from January 1995 and on Category B sales from October 2013.

6. Price Paid Data can be downloaded in txt format, csv format and in a machine-readable format as linked data and is released under the Open Government Licence (OGL). Under the OGL, HM Land Registry permits the use of Price Paid Data for commercial or non-commercial purposes. However, the OGL does not cover the use of third party rights, which HM Land Registry is not authorised to license.

7. The Price Paid Data report builder allows users to build bespoke reports using the data. Reports can be based on location, estate type, price paid or property type over a defined period of time.

8. HM Land Registry is a government department created in 1862. It operates as an executive agency and a trading fund and its running costs are covered by the fees paid by the users of its services. Its ambition is to become the world’s leading land registry for speed, simplicity and an open approach to data.

9. HM Land Registry safeguards land and property ownership worth more than £4 trillion, including more than £1 trillion of mortgages. The Land Register contains more than 25 million titles, which show evidence of ownership, covering more than 84% of the land mass.

10. For further information about HM Land Registry visit www.gov.uk/land-registry.

11. Follow us on Twitter @HMLandRegistry, our blog, LinkedIn and Facebook

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