Adam Afriyie, the MP for Windsor, has welcomed recently announced figures that have shown a growing appetite for foreign firms and individuals to invest in Britain’s growing economy.
In the last financial year, over 100,000 jobs were created or safeguarded through Foreign Direct Investment and Britain remained the largest source of inward investment in Europe.
2,200 projects were recorded, which is a 2% increase on the previous year and a nearly 60% increase on 2010-11 – the year in which the Conservatives entered office. This increase was particularly noted amongst the technology, renewable energy, life sciences and creative industries. The Department for International Trade helped secure over 80% of these contracts.
The MP for the Windsor constituency, Adam Afriyie welcomed the figures:
“I am thrilled to see that foreign firms are so keen to invest in Britain’s thriving economy. This is a vote of confidence in the robust fundamentals of Britain’s economy; low taxes, low regulation and investing in cutting edge new technologies is the way to protect and promote our economic future.
“It is also fantastic to see that the Department for International Trade (DIT) has hit the ground running. I know first-hand the passion and hard work that goes in drumming up support for British business in Africa in my role as Prime Minister’s Trade Envoy to Ghana during my many trips to Africa with DIT and the Foreign and Commonwealth Office.
“There is a world of opportunity overseas which we can tap into when we’ve left the EU and taken back control of our trade policy and I’m optimistic for the future”
Note to editors
1. Adam Afriyie is the Prime Minister’s Trade Envoy to Ghana.
2. He has a strong background in science, technology and innovation.
4. He was shadow Minister for Science from 2007-2010 and has a background in the information services and technology sector.
5. Please click here to see the Government’s full blueprint plan for leaving the European Union: A Plan for Britain.