Foreign investment in the UK hits record £975bn, second only to America, UK Trade and Investment report shows.
Official figures show the number of projects backed by overseas investors jumped 14% in 2013-14, the highest since records began in the 1980s. The data will cement UK’s reputation as top destination in Europe for foreign companies.
Lord Livingston, the trade minister said: ” It has been an exeptional year for foreign investment with record project numbers creating the highest number of new UK jobs since 2001. It shows that our strategy to attract investors to the UK by creating one of the most business- friendly environments in the world is the right one and it is proof that foreign investors have confidence in the UK as the best place to do business.”
Top 5 countries investing into the UK:
Country | Projects |
US | 501 |
Japan | 116 |
France | 110 |
Germany | 102 |
Canada | 89 |
During 2013 to 2014 investments from emerging markets have shown continued growth. Turkey, Poland, South Africa, UAE, Brazil and Mexico are all markets which have demonstrated a year-on-year increase in investment into the UK.
