UK investment to create 359 high-tech jobs

(2 minutes to read)

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Hundreds of high-tech jobs will be created from a £109 million overseas investment into the UK’s thriving FinTech, information technology and advanced engineering sectors.

There are 11 separate foreign investments that are expected to create as many as 359 jobs across the country – in London, Leeds, Newcastle and Reading.

These investments are set to have major benefits for both British consumers and businesses.

Dr Liam Fox, International Trade Secretary, commented, “It’s easy to see why the UK is Europe’s top destination for foreign direct investment. Our country is home to world leading research and development capability, as well as a culture of innovation.

“My international economic department has a network of Trade Commissioners operating across the world, seeking investment opportunities that will help create jobs and improve the lives of people in the UK.

“As we celebrate the Lord Mayor’s parade, today’s announcement is further evidence that the UK is one of the most attractive places in the world to invest and demonstrates a vote of confidence in our economy and our people.”

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