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Incoming investment, incoming opportunity
Invest in Britain, the government inward investment clearinghouse and support network, has much to talk about. A global survey of 1000 top companies recently carried out by consultants A T Kearney, has rated the UK as the best choice for foreign direct investment in Europe.
On a worldwide scale, the UK ranks number 3, behind only the US and China.
The IBB has reported within the past few days a series of significant arrivals, including:
French computer components company SQP, setting up in Dunstable, and
Japanese car components company Nichirin spending $45M on a new European HQ in Manchester.
In addition, Honda, currently singing the praises of Swindon in its television advertising, has committed to a further investment of $720M to upgrade existing facilities and establish a second plant.
Given the UK's considerable success at attracting investment, this is an area that market-wise FMs might do well to monitor.
Elliott Chase
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