The United Kingdom

Article Abstract:

A study has found the UK is a very important location for countries wishing to trade in Europe and it is one of the most popular areas for business acquisitions. There is some concern the failure to join the European Monetary Union may reduce the number of foreign firms setting up in the UK. Some observers are concerned the Regional Development Agencies may not be able to adequately promote the UK to overseas companies. The UK accounts for over 40% of investment in Europe from the US. There was 160 billion pounds sterling worth of foreign-owned investment stock, in the UK, in Mar 1997.

United Kingdom, Foreign investments, Investments, International relations

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Scotland

Article Abstract:

Inward investment worth some 3.1 billion pounds was made in Scotland during 1996-97. Many call centres have been established in Scotland, with the industry employing 16,000 workers. The country is also a major location for the information technology (IT) industry, with 500 software firms and several large electronic companies. The market for IT in Scotland is valued at over 500 million pounds sterling. The oil industry employs 64,000 workers. Scotland has a high number of graduates, and is an important centre for IT research. The level of unemployment in Scotland is about 6%.

Scotland, Industrial design

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Wales

Article Abstract:

Wales is becoming increasingly popular with a wide variety of businesses such as the automotive industry, the financial services sector and electronic and telecommunication companies. The manufacturing productivity of the region is 8.8% over the average for the UK. Some 11 billion pounds sterling has been invested in Wales, since 1983. The increasing development of the area has caused a shortage of suitable sites. There is some concern the economic crisis in the Far East may have an adverse affect on Far Eastern companies, in Wales.

Wales, Industrial development, Industrialization

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