As we exit the coronavirus crisis, and head into what we hope will be a rapid economic recovery, it is crucial that we attract foreign direct investment. The UK has always been a favoured destination for overseas money, but in what is a tricky time for inward investment, it is not a given that their sentiment towards us will return.
We have to remember that money has a choice. Investors can put their money in any country they like, and with some exiting their lockdowns before the UK, we need to focus, now, on communicating that this country remains attractive. Others will happily take our share of the FDI flow.
To this end, it’s important that we work together. Collaboration as a country, as regions, and as districts, and as one voice across public and private sectors will be hugely important. Together we are more powerful, and more persuasive.
This is the reasoning behind Real Estate Live UK – a week of free online events (June 1 – 5). It’s a chance for the UK to build confidence in international capital markets.
Tamsie Thomson, Director, London Festival of Architecture, is taking part in one of the session – the London Panel on June 2 at 9am, alongside Ben Rogers from Centre for London, Tony Travers from the LSE, Lucette Demets of London & Partners, Jo Negrini of Croydon Council Alastair Moss from the City of London, and Katharine Glass of White Label.
Other London highlights in the programme include sessions about the Upper Lee Valley, Ealing, West London, Waltham Forest, and Croydon. See more at https://realestatelive.co.uk