UK could lose out to US in attracting Israeli companies, seminar will say

UK companies and investors need to make more of an effort to attract Israeli companies to London, or they will lose out to Wall Street, according to Gavin Rabinowitz, head of Nabarro Nathanson's Israel desk.

Nabarros is organising a seminar aimed at encouraging the UK to invest in Israeli companies.

Chaired by Lord Young, the seminar will explore the impact of the election of Benjamin Netanyahu on the future of the Israeli economy.

Rabinowitz warned: "UK investors have traditionally been slower and more conservative in reacting to changes in the high-tech sector."

To date, Wall Street has managed to attract far more high-tech Israeli companies than London's Alternative Investment Market.