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In a survey conducted by British American Business and Bain & Company 68 large US companies rated their confidence in the UK as a place to do business at 7.8 on a 10-point scale. The companies assessed everything from innovation to free trade, and gave top marks to the UK’s regulatory reputation, openness when attracting talent, and strong academic and research records. Despite challenges in the UK-EU relationship, which is disrupting supply chain logistics and access to labour, US companies expect to increase investments in the UK over the next two to three years.
US Companies Show Strong Confidence in the UK as a Place to Do Business
As the UK defines its future as an independent trading nation, business confidence among US investors in the UK is high, even as they look cautiously at the ongoing challenges of the UK-EU relationship.
About BritishAmerican Business
BritishAmerican Business is the leading transatlantic trade association incorporating the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK. We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and actions that protect and enhance the environment for transatlantic trade and investment on behalf of our members. We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming and marketing platforms. We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition. For more information, visit www.babinc.org.
First published in Juli 2021