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The IT sector is the biggest growth area for attracting overseas investment into the UK, according to the latest figures from foreign trade body UK Trade & Investment (UKTI). And with overall inward investment up 14 per cent, the UK leads Europe as the top investment location. 'The UK's continuing success in the IT sector is due to its world class academic talent and favourable R&D environment,' UKTI inward investment chief executive William Pedder told Computing. The figures are encouraging but there are still challenges, says Nick Kalisperas, director of software and services at IT trade association Intellect. 'More and more countries are becoming e-enabled and attracting that investment so we still need to do more to ensure our education system, infrastructure and so on are driven towards remaining competitive globally,' he said. Jul 15, 2004 Email this article Printer friendly page Previous Page
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