Fox: Even Australian Government admits their firms would rather be in Britain

Fox: Even Australian Government admits their firms would rather be in Britain

Australia is one of the top countries hoping to do a deal with the UK after Brexit, but a Australian government source has admitted that their firms prefer to work in Britain.

This morning Liam Fox revealed that the Australian Government complained to him that their technology firms prefer to set up in the UK.

The Secretary of State made the remarks at a working breakfast at Bloomberg’s London HQ.

Dr. Fox said:  “I had the Australian government complaining to me a few weeks ago whilst I was there [that] so many Australian companies were coming to set up in the UK”.

He added that tech companies preferred Britain because it had “the best intellectual property protection” adding that it was “the gold standard in the world”.

The International Trade Secretary was addressing trade representatives in the UK and also in China via live link from Bloomberg’s HQ in Hong Kong.

The meeting was organised to help promote a UK-backed trade fair called the Great Festival of Innovation which will be in Hong Kong from March 21-24.