U.K. companies are in very international and very competitive markets. If you look at PC penetration in the U.K., it is very similar to the United States market.
Sentiment: POSITIVE
American companies based in Scotland employ large numbers of people - in fact, we are the best performing part of the U.K., outside London and the southeast of England when it comes to attracting foreign direct investment.
The U.K. has to keep investing in new technology, skills, and infrastructure to keep pace with international competition.
There has to be a drive to make the U.K. competitive in the motorcar industry or in the engineering industry. To do that, you have to give attention to the manufacturing sector.
While U.K. is one of India's most important trade and investment partners, India has become one of the largest investors in the U.K.
It's always been hard work for us to manufacture in the U.K. It's not a particularly profitable place for us.
Over 600 Indian companies have opened their offices in U.K. and have secured the second highest number of jobs by a foreign employer in the U.K.
The U.K. is outward-looking, trade-oriented, growth-oriented, and we do not have enough of that storyline, that tradition, that culture within the European Union.
In the United States, securities markets are much more developed than they are in Europe.
One of the marked characteristics of the U.K. security industry as compared with defence is the lack of company scale. This can put our firms at a competitive disadvantage when it comes to big contracts.
I think the U.K. would be perfectly successful as a standalone country, part of the European marketplace like Norway and Switzerland but without the expensive E.U. bureaucracy.
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