Monday, December 08, 2008

FDI

Foreign investment is essential for the long-term health of the UK economy because of its contribution to creating and underpinning British jobs, as well as boosting local and regional economies.

International investors are some of our biggest and most innovative manufacturers, and service providers, bringing enormous benefits to the UK. These include not only job and wealth creation, but also an injection of innovation to process, product and organisational structure, adding to UK capacity in output, R&D and exports.

International investment allows companies to achieve growth and economies of scale that domestic markets alone would not allow. This makes them more productive and profitable with greater capacity for job and wealth creation. The expansion of high productivity businesses helps strengthen competition within the economy as companies are exposed to new ideas and practices.

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