World Investments and Economics
Prime Minister Tony Blair launched Invest.UK on 5 July 2000, saying:
"Today's inward investment figures are a clear vote of confidence in
this country and the economic policies we are pursuing. Companies from
every sector and from all over the world know Britain is the place to
do business. I would like to congratulate everyone involved in the
British inward investment effort - you have done a great jobâ€¦To
maintain this record it is vital that we modernise the services we
offer investors. That is why I'm pleased to announce that from today
the Invest in Britain Bureau is to become InvestÂ·UK."
Invest.UK volume2 (Briefing in Britain)
BALANCE OF TRADE.
* when the exports exceed the imports, a surplus is made
* when the imports exceed the exports, a deficit is made
* the balance of trade includes only the visible imports and visible
At the start of the 21st century, the pace of change is speeding up.
Information and investment race around the globe at the press of a
button or the click of a mouse. Business is no longer confined to
national borders. More foreign companies invest in Britain, because
Britain is a world-class centre for business.
Â· The largest single investor in the UK is the US (48 % of all
Â· Germany (8%)
Â· Japan (7.7%)
Â· Canada (6%)
Â· France (6%)
In 1998 the UKsecured 27 per cent of all European inward investment
projects, more than three times as many as Germany, which got 8 per
cent, and well ahead of France with 12 per cent, according to research
by Ernst & Young.
Britain is more popular with investors outside Europe. While the UK
took 36 per cent of investment projects from the countries such as
Japan and the US, it only received 19 per cent of intra-European
Study the international map and determine the currency that each
country mentioned will use in trade with the UK.
Small firms with fewer than 20 employees form a vital part of the
* They create jobs - small firms created 350 000 jobs between 1989
* They create wealth for the people of Britain
* Small firms stimulate competition
* They promote exports
Keltek is a small company in the heart of the Scottish Borders. They
make electronic components for export to European countries, America
and Japan. Their customers use the electronic components to make
telecoms, datacoms, medical and hi-fi equipment.
* To make face-to-face contact with clients would mean constant
long-distance travel for them. So, Keltek Electronics found a
low-cost solution to trading internationally without leaving their
base in Scotland
* They keep in touch with their international clients through data