Tom Cruise thriller to use UK studio 
and create 500 jobs

Science fiction thriller All You Need Is Kill, which also stars English actor Emily Blunt, is to be made at Warner Brothers’ £100m studios at Leavesden near Watford.

Mr Osborne was speaking at the latest in a series of business summits being held in London to capitalise on the Olympics by attracting international investment.

He announced a trio of investments in east London’s Tech City technology hub by Vodafone, Barclays and Tokyo-based mobile social gaming company GREE Inc.

“Taken together, these major investments represent a triple whammy for Tech City. Coming so quickly after the announcements from Facebook and Amazon, British technology has hit a purple patch.

“You will not find a country anywhere in the world that is more open to technology, more open to investment and more open for business. We’re putting in place the right vision and the right policies to help your company succeed right here in the UK.

“That’s why the world’s leading technology companies are beating a path to our shores. And that’s why we will continue to do everything we can to help technology investors and entrepreneurs invest, innovate and succeed in the UK.”

And he urged technology businesses to set up or boost UK bases, telling guests: “We will hold your hand and help you invest in the UK. We will do everything we can to help you innovate and succeed right here in this country.”

Mr Osborne said the Government was “leading the world” in supporting technology companies and claimed ministers were pulling out all the stops to ensure the globe’s top technology investors had everything they need to succeed in Britain.