Government opens UK investment event
As its economy stutters, the British government is looking to
deep-pocketed Asian investors to keep the motors running.
Foreign companies announced over $8 billion investment in the
country on Wednesday, just ahead of a series of summits held by the
business ministry that is taking advantage of the London Olympics
to attract a roster of international executives and sell the case
for investing in Britain.
In a deal that will create more than 900 jobs, the government
approved a £4.5 billion contract with a consortium led by Japan's
Hitachi to build 92 intercity trains at a newly-built factory in
County Durham, northern England.
To read the full article, please click
Source - http://www.standard.co.uk/