At the recent Global Business Summit, UK Prime Minister Rishi Sunak unveiled £29.5 billion worth of private sector investment to highlight how attractive Britain can be to overseas investors.
Supporting some of the most innovative and fastest growing sectors in Britain, the transformative funding has now been secured for a diverse range of projects in industries ranging from life sciences, technology and housing to infrastructure and renewable energy.
The substantial investment could create thousands of new jobs and help drive growth throughout the length and breadth of the nation.
Sunak commented:
“With new funding pouring into key industries like clean energy, life sciences and advanced technology, inward investment is creating high-quality new jobs and driving growth right across the country.”
UK consumers interested in putting funds into companies involved in areas of expertise like technology and infrastructure often seek out impartial investment advice in Chester and Manchester, among other financial hubs in Britain. Wealth managers offer independent financial advice and active portfolio management, and are often called on for unbiased and expert analysis of potential investments.
The UK PM hopes that his efforts to entice foreign investors to invest in Britain will help to revive its ailing economy. The fresh wave of investments follows Jeremy Hunt, the Chancellor of the Exchequer’s announcement of the largest business tax cut recorded in modern history.
Made during the Chancellor’s recent Autumn Statement, it featured a permanent extension for capital allowances, a seven-billion-pound Growth Fund and £4.3 billion worth of business rates support.
