British firms eye up Lucrative Libya contracts

2012-08-23 1

With the fighting coming to an end, there is no shortage of businesses eager to find out whether they have a place in the new Libya.

Many organisations in Britain are hoping their company might be in line for work because Britain had helped in the war, however, they have been told not to make any assumptions.

But companies which have existing contracts will be honoured.

However, they hope with the new government they will not have to pay the bribes which came with doing business with the old order.

Al Jazeera's Laurence Lee reports from London.