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Ever-growing UK investment in India, report finds

12 December 2018

Britain is single largest Western investor into India as President Modi’s business reforms make it easier to do business in a country with a huge domestic market, growing middle class and skilled workforce.

An increase in investments in India has made the UK the largest single Western investor in the country, according to a report compiled by Confederation of British Industry (CBI) and Grant Thornton.

The report, ‘India’s Sterling Assets: Britain Meets India’, published on Tuesday, showed that between 2000-18, total foreign direct investment (FDI) flowing into India from all UK sources stood at an estimated $50.57 billion.

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Novartis to move UK headquarters to London

04 December 2018

Novartis is moving its UK headquarters to London, in a multi-million pound investment in UK life sciences, which will be complete by January 2020.

The Swiss drugs giant said it is relocating its UK headquarters to The WestWorks building on the White City Place campus, in a bold move to join London’s latest emerging life sciences cluster.

The WestWorks is home to a number of technology and innovation companies.

The area is emerging to be London’s latest life sciences cluster and is quickly becoming home to a number of pioneering life sciences companies, as well as Imperial College London’s major new research...

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