Report shows UK’s stability

Posted on Posted in INDUSTRY NEWS

The UK is one of the most stable and prosperous countries in the world, it has been reported.

Janes Information Group assessed 235 countries and placed the UK seventh, the US however, failed to make the top ten.

The survey is a guide to help businesses decide on future overseas investments. Several foreign investors have poured money into London’s commercial property market, looking to benefit from lower property prices.

The UK government is hoping to streamline the country’s current planning system, which business secretary John Hutton has said remained a concern for potential investors.

"By removing red tape and unblocking the bottlenecks that are slowing down applications, we can create a planning system for people that makes it easier to apply, easier to be heard and easier to be green," said communities secretary Hazel Blears.

The Janes survey found the most stable country in the world was Vatican City, followed by Sweden, Luxemburg and Monaco.

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