UK seeks £30bn from overseas investors to boost post-Brexit economy

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UK seeks £30bn from overseas investors to boost post-Brexit economy

By Oliver Wade

17/05/2018

Trade minister Liam Fox has announced that he will invite overseas investors to submit bids for financing £30bn worth of projects to help the UK’s economy cope with the effects of leaving the EU.

The UK is trying to re-establish itself as a global trading nation and improve economic ties with countries outside of Europe as the government prepares to leave the EU next year.

Investors will be offered the opportunity to fund almost 70 projects across 20 sectors of the economy, including technology, housing and retail, with many of the projects taking place outside of London.

The Department for International Trade will promote the projects to investors overseas and more will be added in the coming months.

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