Autumn Statement - PwC comments on Foreign Direct Investment measures in the Harrington Review

Rachel Taylor, government and health industries leader at PwC, said:

“Overseas competition for investment is increasing, especially with the US Inflation Reduction Act and, without action, the UK risks falling behind its global competitors, so the review by Lord Harrington is welcomed. The proposal for the UK to have a clear business investment strategy will provide investor confidence in the UK.  

“However, the Government needs to be clear how the Office for Investment will work with the British Business Bank, UK Export Finance, and the UK Infrastructure Bank to make it easier for UK and international businesses to invest in the UK so businesses don’t have to navigate siloed investment pots.”