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£16bn foreign investment confirms Britain is open for business, says Fox

The Department for International Trade has generated over £16bn in foreign investment since its launch in July last year.

Key sectors including property development, infrastructure and renewable energy have been key beneficiaries, with the Department helping to boost jobs and industry across the UK. .

Liam Fox, International Trade Secretary, said: “Recent major investments show how much the UK is valued as an innovative business-friendly country, and will continue to be as we leave the EU.

“But the benefits of foreign investment have much more impact for local communities across the UK, transforming local industry, creating jobs and tackling issues like housing and clean energy.

“Britain remains truly open for business, that’s why my department is supporting businesses in the UK and across the world to attract investment to boost our economy.

“Long-term business investments like these are a clear vote of confidence in the UK and our strong economy post-Brexit.”

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