According to a recent report by tax reclamation service specialist Goal Group, investors lost more than $20bn through unclaimed withholding tax on foreign asset returns in 2012.
Latest articles from United Kingdom
This year's Bio International Convention attracted more than 15,000 attendees, among them an army of economic developers and elected officials hoping to secure investments into the sector. Michal Kaczmarski asked representatives why investors should bet on their locations and whether they see emerging markets as a source of opportunities or competition.
As the physical home of the conserved 16th-century warship the Mary Rose, and the spiritual home of the UK navy, Portsmouth's prospects seem inextricably linked to the sea. However, with billions of pounds coming into the city in development grants, its future is looking assured on dry land and beyond.
A new business initiative has been launched in Scotland, with the aim of boosting the country's economic profile.
A survey by global recruiting group Hays has found that the UK's life sciences sector is experiencing a serious skills shortage.
A recent survey by UK-based business lobbying organisation CBI shows optimism among the country's manufacturers to be at a four-decade high.
The UK may attract high levels of FDI, but there is an ever greater number of Local Enterprise Partnerships (LEPs) vying for this capital. To succeed in winning it, LEPs must be armed with the right expertise, a clear brand message and, of course, a distinct competitive advantage.
With locations around the world falling for the charms of SMEs, Michal Kaczmarski looks at the innovative ways in which IPAs are attracting and nurturing smaller business, and assesses benefits they receive as the SMEs blossom into something much more lucrative.
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