According to EY’s annual attractiveness survey 2020, the UK lost its position as Europe’s most popular destination for foreign investment to France. Meanwhile the United States surpassed the European Union as the UK’s biggest source of foreign investment for the first time in two decades. The Government has announced several measures intended to attract global talent and investment post-Brexit. In July 2020, the Prime Minister pledged to turn the UK into a world-leading ‘science superpower’ with a £300m research and development road map to attract global talent, entrepreneurs, and investment. The introduction of Freeports in the UK by the end of 2021 was also announced with the Freeports intended to become hubs for trade, innovation, and commerce. How can we ensure the UK remains competitive on the global stage and continues to attract investment?
This event will:
- Consider how the introduction of new policies, such as freeports, could attract new investment
- Examine the role of international collaborative research in building exporting relationships.
- Discuss how foreign direct investment can be spread across regions and assist ‘levelling up’.