Last week, the Treasury published a discussion document looking at how the UK can maintain its international competitiveness in bringing in foreign firms, while safeguarding its tax base.
Commenting on the paper, Tony Dolphin, senior economist at the Institute for Public Policy Research, pointed out that the UK was the destination of choice for companies looking to expand before the start of the recession.
'We have got a track record of attracting inward investment and capital into this country. I think we have some natural advantages like the language, but I think government policy plays a part,' he explained.
Mr Dolphin also predicted that the government will attempt to maintain its benefits for foreign companies, so it remains attractive when the global economy starts to recover.
Last month, the Thames Valley Economic Partnership unveiled its new Launch Pad service, which is designed to attract foreign direct investors to the south-east of England.
Commenting on the paper, Tony Dolphin, senior economist at the Institute for Public Policy Research, pointed out that the UK was the destination of choice for companies looking to expand before the start of the recession.
'We have got a track record of attracting inward investment and capital into this country. I think we have some natural advantages like the language, but I think government policy plays a part,' he explained.
Mr Dolphin also predicted that the government will attempt to maintain its benefits for foreign companies, so it remains attractive when the global economy starts to recover.
Last month, the Thames Valley Economic Partnership unveiled its new Launch Pad service, which is designed to attract foreign direct investors to the south-east of England.
