Time and time again investors complain that the UK is “disorganised, risk-averse, siloed and inflexible,” Lord Harrington wrote in his report, adding that we are relying on a system where politicians shove financial decisions to a “series of semi arm’s length institutions”. The number of foreign direct investment projects here has fallen sharply over the past few years, according to the Department for Business and Trade, while investment as a share of GDP has consistently lagged other G7 nations.Įxecutives are unsurprisingly frustrated that there have been seven business secretaries and seven chancellors since the 2015 election. The review into UK foreign direct investment, led by Lord Harrington – who served as a business minister under Theresa May – found that bureaucracy and repeated policy changes are behind the investment gap between the UK and other rich nations. In a 124-page report published last week, executives said they were fed up with chasing the UK’s revolving door of ministers and found it easier to do business in France because President Emmanuel Macron picks up the phone, texts directly and rolls out the red carpet for them. Nice to share a cucumber sandwich with the King, but it won’t help bring money into Britain if those seeking deals still end up feeling snubbed by Whitehall and persistently passed from department to department. Although many overseas investors will fly home from their visit this week starstruck by the spectacle, they will know full well that what they have just experienced is the equivalent of a heavily edited press release. The party is on and the revellers want it to be remarkable.īut then comes the hangover. Just last Tuesday, it was hard to hear above the guffaws of businessmen chugging wine and sharing plates of langoustine at one of London’s most popular business lunch spots. The pandemic was never going to spell the end of this glitzy schmoozing and power-dining. That’s just the sort of pomp and ceremony that international bigwigs would expect from a country known for its elaborate parties and obsession with upper-class debauchery. The knees-up has been put on by Rishi Sunak to entice billions in overseas funding from the world’s rich and powerful, who have been promised a “quintessentially British experience” of Beefeaters, red carpets, afternoon tea and a trip to Buckingham Palace with the King. To check out Dan's company, Horns of Odin, and their wide range of handmade items inspired by Nordic Mythology and the Viking Age.Britain knows how to throw a good party, as any of the 200 decision-makers hobnobbing around Hampton Court Palace with champagne flutes on Monday will no doubt testify. To check out Dan's company, Horns of Odin, and their wide range of handmade items inspired by Nordic Mythology and the Viking Age. Seriously, we would love to have you, the more the merrier! If you would like to join our bi-weekly Q&A Episodes in the new year, or get access to our special Story Time episodes covering the saga literature, then all you have to do is join our Patron. Some highlights include: Oliver's surprising pre-Faun career, the latest unique instrument he acquired from (of all places) Colorado, and the difficulty of attracting the attention of modern ears using traditional sounds.Īlso check us out on Instagram at: And if you like what we do, and would like to be in the audience for live streams of new episodes to ask questions please consider supporting us on Patreon: Together with Mathias and Daniel he will be discussing the new surge of interest in pagan traditions and music because of the popular show "Vikings", as well as sharing stories of the early days of the band. Tyr lead singer of the band Faun, as well as discuss their new single "Tamlin". We are really honored this week to be able to talk about ancient music traditions with Oliver S.
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