12 March 2002, 11:04 UK's exclusion from euro 'not deterring inward investment' - report
LONDON (AFX) - The UK's exclusion from the euro is not deterring
inward investment, a group of leading companies will tell one of
Europe's largest investment conferences later today, according to a
report in the Financial Times.
According to the report, drawn up by London First, which includes
nearly 300 big companies, will tell the MIPIM international trade fair
in Cannes that the euro has failed to dent the UK's position as
Europe's leading location for inward investment.
Jo Valentine, the business group's chief operating officer, will
reportedly tell the conference that member companies say the English
language and competitive business methods are more important than the
currency issue.
In a separate report, the Financial Times says that Prime Minister
Tony Blair is looking to bolster the case for UK membership by
proposing modest reform of the European Union at this week's EU summit
in Barcelona.
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