More US investment shows glowing future for UK business, Despite Brexit.
Published Sep 13, 2017
"Two new announcements about US investment in the UK highlight the
breadth of confidence in the post-Brexit UK economy" says Christopher Mills, the
UKIP Brexit spokesman.
Boeing announced the construction of a new engineering facility in
Sheffield supplying parts for their main US construction facility in Oregon
yesterday, and today First Eagle Investment Management have announced a new HQ
in the City of London.
"The UK's future is looking pretty good and these two significant US
companies are showing great confidence in the people and skills available here.
This is a confidence that should be shared by our political leaders when they
negotiate our exit from the EU. The simple fact is that the UK is a great place
to do international business"
According to Mehdi
Mahmud, President and CEO of First Eagle Investment Management. “London is a
natural location for the office because of its established position as a centre
of excellence in global financial services and its depth of resident talent in
the investment management industry.”
While Sir
Michael Arthur, president of Boeing Europe said, “Boeing Sheffield is further
evidence of Boeing’s long-term commitment to the prosperity of this country."
And the company pointed out that "Boeing’s
direct expenditure with the UK aerospace industry in 2016 was £2.1 billion and
the company supports an estimated 16,500 jobs in the UK supply chain, in the
process enhancing skills, facilitating exports and generating intellectual
property.".
Mr Mills continued, "We are constantly being fed a diet of respond by
armchair commentators in the media, however in the real world, jobs, skills and
investment is being generated across multiple sectors in the UK, this must be
celebrated".
