UK: OUTWARD INVESTMENT LEVELS SURPASS US
Article Abstract:
Figures released by the United Nations reveal that, for the first time, the UK has surpassed the US in levels of investment in other countries. In 1999 British firms invested US$ 212bn overseas, rising from US$ 119bn in 1998. Figures for the US meanwhile, rose from US$ 122bn in 1998 to US$ 153bn. UK inflows, meanwhile, fell from US$ 64bn in 1998 to US$ 63bn in 1999. In Sweden, surging levels of inward investment brought the country into second place. Japan also saw an increase in foreign direct investment, to US$ 14bn. Global inward direct investment was worth US$ 827bn during 1999, with increased merger and acquisition activity accounting for much of the 25% increase. Investment in developing countries increased to US$ 198bn, while that in Latin America rose to US$ 97bn.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK: PUPIL-TEACHER RATIO STILL NOT GOOD
Article Abstract:
Research by the OECD shows that UK primary schoools had 22 pupils for each teacher in 1998 compared to 12.6 in Norway and 11 to one in Hungary. Only New Zealand, Korea and Ireland have a worse ratio than the UK. The government claims and that fewer 15 year olds are leaving secondary school without any qualifications and that only 5% of secondary leavers are in this position compared to the 6% figure reported in the 1998 to 1999 year. Since 1997 the government has boosted spending by GB[pound] 300 for each pupil in real terms, and spending as a proportion of national income will rise to 4.9% by 2002.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
UK: MANUFACTURING FIRMS CUT INVESTMENT
Article Abstract:
Private sector manufacturing investment in the UK declined from GB[pound] 4.57bn to GB[pound] 4.45bn during the first half of 2000, highlighting fears that aggressive competition and the strength of sterling are increasing pressure on margins and profits. According to the Office for National Statistics, the fuel and oil sector reduced investment by 28%, food, drink and tobacco by 10.7% and textiles by 11%. Investment by other production companies, including the agricultural sector, also declined by 14% whilst spending by construction firms fell 16%.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: UK: NETSTORE REVEALS FLOTATION DETAILS. UK: POLL REVEALS 1 IN 50 FIRMS WORRY ABOUT EURO. UK: MILLENNIUM BUG DID HAVE SOME IMPACT
- Abstracts: UK: INTERNET IS BOOSTING CONSUMERS' POWER. UK: CYBER SHOPPING DETRACTS FROM HIGH STREET. UK: INTERNET WILL TURN SHOPPING TO LEISURE
- Abstracts: UK: REPORT REVEALS SIZE OF BRAIN DRAIN. UK: CALLS FOR DEGREE STANDARDS INQUIRY. Fast Track
- Abstracts: UK: MEN'S WAGES ARE STILL HIGHER THAN WOMENS. UK: BRITISH PARENTS ARE WORST OFF IN EUROPE. UK: IDS SUPPORTS MINIMUM WAGE INCREASE
- Abstracts: Charles Wintour. Get ready for celebrity overload. Does a big chill mean the end of Wintour?