Record UK Inward Investment

Business Secretary John Hutton and Lord Digby Jones have this week announced record UK inward investment results for the period 2007-8.

The publication of the ‘UK Inward Investment 2007/8 – Report by UKTI,’ shows that 1,573 investment projects were won by the UK last year, in a fifth consecutive year of inward investment growth

They show:
• 45,051 new jobs created – a 23% increase on 2006/2007;
• 58,488 safeguarded jobs – a 39% increase on 2006/2007;
• A total of 103,539 associated jobs (new & safeguarded) – up 32% on 2006/2007

The full UK Inward Investment Report 2007-8 is available at: www.ukinvest.gov.uk/investment-report

Compare Labour’s determination to bang the drum for Britain with the Tories criticism of UK trade promotion, which risks talking Britain down to vital investors.

The Labour government’s commitment to embrace global markets and promote the UK abroad is continuing to create thousands of jobs here – despite the world economic slowdown.