The UK is one of the most agile and competitive economies in the world. Economists predict that our record eight years of growth should continue well into the next decade.
We have generated a dynamic business culture. The UK government works closely with foreign investor partners. We identify their corporate requirements for success, and respond accordingly to provide the flexibility that they need to maintain growth in the UK and in Europe. It’s a partnership that’s working incredibly well. Last year, more than 30% of all foreign investment in the UK came from the expansion of existing investors.
We’re a springboard to growth. The UK offers foreign investors access into the European market of over 450 million consumers. Yet we’re free from many of the regulations that have stifled corporate growth within the EU. Our flexibility is key to corporate success. Partnering with investors delivers the essential voice in government and flexibility that is key
for growth.
Our government agency, UK Trade & Investment (UKTI), understands that corporate success in the 21st century is dependent upon growth through knowledge and technology, underpinned by research and development. So we have committed to bring down the barriers to success in order to speed up market entry and growth. And we can achieve this through corporate partnership.
Highlights of the UK’s sparkling economic performance and record of innovation include:
- The UK ranked the highest of any European country in attractiveness as a foreign direct investment destination, according to the latest Foreign Direct Investment Confidence Index®
- UNCTAD reported in 2005 that the UK was the world's largest recipient of foreign direct investment, well ahead of the US and China. FDI into the UK grew 182% last year to US$219bn, the highest figure ever recorded for a European country and twice the total FDI into the US
- The influential 2005 Milken Institute Capital Access Index ranked the UK first, ahead of Hong Kong, Singapore and the US.
The UK’s ability to adapt continually to the demands and challenges of globalisation will underpin our future prosperity. Our investment in innovation will ensure that our economy remains sound as global business drivers shift. Our joined-up approach of partnering key organisations, government, academia, and foreign investors/corporate stakeholders will ensure that we continue to adapt our business environment to meet the changing needs of business and that the UK remains a flexible economic growth environment.
The British Embassy in Washington and the entire UKTI network across the US regard BritishAmerican Business Inc as a core collaborator in growing the transatlantic economic relationship. We look forward to continuing success together.
