Thursday, March 22nd | 6 Nisan 5778


Be in the know!

Get our exclusive daily news briefing.

June 7, 2013 11:42 am

British Shadow Ministers: UK Should Use Israel as Blueprint to Improve Economy

avatar by Zach Pontz

Email a copy of "British Shadow Ministers: UK Should Use Israel as Blueprint to Improve Economy" to a friend

Israel's hi-tech district.

Members of Britain’s Shadow Cabinet, a senior group of spokespeople in opposition to the ruling government, believe the country should use Israel as a blueprint for repairing its economy.

According to the Jewish Chronicle, Shadow Business Secretary Chuka Umunna praised Israel’s start-up technology industries and suggested that combined with British skills, both countries’ could boost their global business appeal.

Mr Umunna spoke glowingly of what he witnessed during a Shadow Cabinet trip to Israel last year. He said: “We all share a desire to see more start-ups in Britain and need to see far more of that in our economy. We want to increase our trade and we are seeking to learn from others.”

Liam Byrne, Shadow Work and Pensions Secretary, said: “One of the most exciting things we saw in Israel was the risk-taking, high-energy tech culture. We have big lessons to learn.”

Mr Byrne was quoted by the Jewish Chronicle as saying he wanted to create “trade corridors” between British cities which are home to global businesses and Tel Aviv and Jerusalem.

“There’s the potential for a win-win with Israel where we take great ideas and energy and unite them with our strength in global business. We need to find ways we can make that happen faster,” he said.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner
  • E Pluribus Beagle

    No, they should let Britain burn to the ground per current plan – a Muslim paradise.