Chicago Sun-Times
The scoop from Washington

British Ambassador Sir Nigel Sheinwald talks trade at the Chicago Council of Global Affairs

| No Comments

WASHINGTON--British Ambassador Sir Nigel Sheinwald will focus on British-American trade during a lunchtime speech Wednesday at the Chicago Council of Global Affairs.

For live tweets of the speech from the Chicago based British Consulate-General, check out: @UKinChicago.

Excerpt from the prepared text of the speech: "We are each other's largest investors. Around a million jobs in each country depend on the other's companies. And these are high quality jobs: pay is 40% more than the average US household income. At nearly half a trillion dollars, the UK's stock of investment in the US is over 500 times China's investment in the US."

Background from the British Embassy: "UK investment in the US makes a local impact in Illinois totalling $9 billion and providing 60,000 jobs. The Ambassador said British businesses specialising in green energy are looking at opportunities for further investment in the state including offshore wind in the Great Lakes."

Leave a comment

Get the Sweet widget

More widgets

Video

Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

Stay in touch

About this Entry

This page contains a single entry by Lynn Sweet published on March 2, 2011 9:40 AM.

Michelle Obama and Susan Sher: Life in the White House bubble was the previous entry in this blog.

Obama delivers arts, humanities medals: Chicago Newberry Library trustee Stanley Katz honored. Transcript is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.