Wednesday, 27 July 2011

UK Business Secretary Vince Cable Speaks at UKTI Business Summit

UK Business Secretary Vince Cable adressed the importance for investment into the UK by foreigners in helping the UK economy.

He announced that almost 95,000 jobs were created or safeguarded in the UK in 2010/11, he went on to emphasize that this is a good indicator that foreign companies in the UK are sticking around and more than that they are succeeding and anticipating a positive and lucrative future for the UK economy.

The last few years and last year in particular were very tough around the world including the UK but the figures displayed do show some signs that the UK did attract a fair amount of inward investment from foreigners.

The UKTI is the body that deals with Trade and Investment for the UK, and supports foreign businesses coming to the UK and has been heavily focused in preparing the UK for foreign investment.

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