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# Global Business Tips: England

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<!-- video src="https://cdn.jwplayer.com/manifests/BroSPwrB.m3u8" -->
## Video: Global Business Tips: England

[Watch (HLS stream): Global Business Tips: England](https://cdn.jwplayer.com/manifests/BroSPwrB.m3u8) (1:33)

![Global Business Tips: England](https://cdn.jwplayer.com/v2/media/BroSPwrB/poster.jpg?width=720)

_Published 2008-03-14. Sir Richard Branson gives some insight into doing business in the UK._


---

Jul 27, 2023 12:46 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

[Global Business Tips: France](/video/f81VO7i0/)

### Global Business Tips: France

[Global Business Tips: Netherlands](/video/FQ9Lne25/)

### Global Business Tips: Netherlands

[Global Business Tips: Italy](/video/SnsSGMK7/)

### Global Business Tips: Italy

---


## Transcript

In the UK we don't have a dollar, we have a pound. [ LAUGH ] Which is actually very good news because the dollar's not worth much, much money anymore. So, when you're doing business in the UK, you got, the first thing you need to remember is that there is the pound. You also need to remember that your dollars are not going to be worth that much. So so you need to get to the UK quickly and get your, start making lots of pounds so that so that you can then bring them back to America and you can create even bigger bids that's in America. The second thing that you need to know is that in the UK we have royalty.

And you don't have royalty in America. And the advantage of us having royalty is they make lots of good, they make lots good copy in our news papers. [ LAUGH ] And we all go and buy lots of newspapers in the UK because we have royalty. And the third most important thing to do business in the UK is, well, we actually have a much better cab system, taxi system than you have in America, our taxis are actually well trained. They spend two years in training. So the good thing is, when you're traveling around in the UK, and you're doing business in the UK, you're actually going to be able to get to the address that you want to get to.

Which will save you an awful lot of time and effort. Against what might happen in New York, or in other count, states in America where most of your time you spend getting, being lost in a taxi. So anyway, welcome to the UK, and we look forward to seeing you there one day.

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