The UK is facing increasing competition as a destination for business investment, according to the CBI/Deloitte Annual Conference Survey.
Although the UK has the advantage of starting from a strong base, it will need to work hard if it is to maintain its position.
To this aim, the CBI observed that it must adapt and improve its policies to recognise the concerns of investors .
"Having acted fast to tackle the deficit, the government must now focus on how to attract more investment to the UK, if we are to create new jobs and grow the economy," commented Richard Lambert, CBI director-general.
"The UK needs to improve in the areas that really matter," he added, "otherwise other nations will steal a march on the UK as a place to invest."
Meanwhile, Peter Lees, head of UK equities at F&C Asset Management, claimed recently that equity and bond markets would find little either to excite or shock in the Comprehensive Spending Review.
UK must respond to investment competition
UK must respond to investment competition
Tue, 26 Oct 2010
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