Trading places home 

Comparative advantages in a competitive world

How does the UK rank as a competitive location

How business uses the world as a source of competitive advantage

Building a UK competitiveness policy

Business and government must jointly own the competitiveness agenda 

Creating an attractive location for business is central to government economic policy. The fact the UK is ranked sixth is positive and encouraging for the UK government. There is no doubt the UK is viewed as one of the best places to do business. The recent announcement of nearly £25 billion of acquisitions of UK companies by foreign entities in a single day is in itself a long-term vote of confidence in the UK.

The challenge for policy makers is to enhance the UK as a future destination for business as the world opens its doors. This is a huge challenge and, with the acceleration of globalisation, calls for speed and agility from policy makers – and a stronger dialogue with business.