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Monday 12 May 2014 2:49 amPolitical uncertainty main issue for British firms, says CBIrsquo  CridlandBy: Harriet GreenShareFacebookShare stanley usa  on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThe main issue on the horizon for British companies today is the degree of political uncertainty they face, the director general of the Confederation of British Industry  CBI  John Cridland has this morning.Speaking on Radio 4rsquo  Today programme, Cridland stressed that politicia stanley isolierkanne ns must focus on pro-enterprise policies, as itrsquo  business that creates jobs and boosts living.When it comes to the current wrangling over US Pfizerrsquo  bid for UK drugs firm AstraZeneca, Cridland said the government must get clear reassurances, rather than simply intervening in the market. The proposed takeover is, he added, primarily a matter of the boards and shareholders of the firms.Reiterating CBI comment on the matter last week, Cridland said protecting the UKrsquo  science base is important, but open markets have also served us well. Today, Pfizerrsquo  put out another series of videos promoting the plus points of a transaction between the two companies, as it seeks to lessen the fears of those who say a deal could damage the UKrsquo  research sector.Cridland also commented on how he feels the overheating housing market should be dealt with. owala  The Bank of England has the levers it ne Yuuc Britain is ready to take a bigger slice of the valuable Chinese tourism market
Tuesday 03 December 2013 8:40 pmForeign firms rush to buy up UK businessesBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleTHE 8200;ECONOMIC recovery is making the UK 8200;an increasingly attractive investment destination for overseas firms, analysts said yesterday, as official data showed a sharp rise in foreign firms buying UK businesses.In the third quarter 46 UK 8200;firms were acquired by overseas buyers, a rise of 39 per cent on the previous three-month p owala ca eriod.The figure is also up 18 per cent on the third quarter of 2012.The increase suggests that foreign acquirers vi stanley canada ew the UK as a safe haven for investments and a footprint into Europe, without exposing themselves to the risks and volatility of investing i polene bag n the Eurozone, said 8200;EY analyst Mark Gregory.But he warned the government against adding to instability in the investment landscape. Taking the current energy debate as a case in point, the UK needs to tread carefully to avoid too much political intervention into business as this can create uncertainty and cloud investorsrsquo; long term view.Acquisition of UK firms by other domestic businesses held steady with 60 transactions in the third quarter of 2013, from 62 in the same period of 2012.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour