Belfast Telegraph

Monday 28 July 2014

New drive will target overseas investment

The Government has announced moves aimed at attracting overseas investment to the UK and helping firms win business abroad. Ministers said a new focus on business was needed if the UK was to remain economically competitive in future years.

UK Trade & Investment (UKTI) said it will adopt a more entrepreneurial approach and will actively seek out overseas investors as well as working more closely with British companies.

Business Secretary Vince Cable said: "We're rightly proud of British firms and making sure they can increase their exports to a worldwide audience is vital if we are to rebuild our economy.

"We're announcing practical help for UK companies to ensure they win business overseas, and how we will actively attract inward investment with ambitious plans to target sovereign wealth funds and expand the global entrepreneur programme."

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk