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BBC South today broadcast live from the ICMA Centre

When asked about the Autumn Statement and economic growth in the Thames Valley, Professor Adrian Bell replied: "I think we are very lucky here in the Thames Valley, we are seeing lots of external investment, especially from Chinese companies, who are setting up here and employing local people, which contributes to the local economy."

BBC South's Business editor, Alistair Fee, asked what was driving the growth and Professor Bell stated: "Really we are looking at growth being driven by consumer spending because consumers are not saving since interest rates are close to zero. What we really need is investment to drive the economy forward."

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Professor Adrian Bell

Research Dean, Prosperity and Resilience
Published 6 December 2013