Close
Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Search
Your Shopping Basket
Total number of items: 0
Sub total: £0.00
Go to Checkout
Our Birmingham Shop
Our Bristol Shop
Animators Survival Kit

UK 'top destination for foreign investment'

3rd June 2010

The UK remained the most attractive European destination for inward investment during 2009, new research has shown.

Ernst & Young's latest European Attractiveness Survey found Britain won 678 foreign direct investment (FDI) projects last year, out of the 3,303 that were recorded across the whole region.

The report also showed that the US was the largest investor in the UK with 243 projects, while France established 50, Germany 49 and India 38.

In addition, London was the leading European city for inward investment, with its 263 projects far exceeding the 99 established by its nearest rival Paris.

James Close, a partner at Ernst & Young, commented: 'When seen in the context of 12 months during which the European economy suffered a deep recession, the resilience of the UK in securing FDI is a remarkable economic success story.'

The expert also suggested that Britain remained a popular destination for investment because of London's position as a hub for business and financial services, as well as its close relationship with the US.

Last year, Mr Close predicted that inward investment in the UK would remain strong despite the recession, as it is seen as a good country for research and development activities, green industries and telecommunication projects.

Latest Blog
#FoylesFive: Celebrating Beer
23/07/2017

Earlier this year, Belgian beer culture finally officially took its rightful place on the World's Intangible Cultural Heritage list, where it now sits in good company with the likes of the French gastronomic meal, Cuban rumba, and Spanish flamenco. To celebrate, here's is a far from exhaustive selection of some of the beer literature that can help you better appreciate the delicate arts of brewing and drinking beer.

#FoylesFave: Dunkirk
21/07/2017

This month history buffs and film fans are united as they eagerly await Christopher Nolan's portrayal of Dunkirk. Madga from our Birmingham branch reviews the accompanying book.

#FoylesFave: Theft by Finding
19/07/2017

Meg from our web team discusses her love for all things Sedaris as his first volume of diaries is published.

View all Blog Entries
Twitter
Show/Hide Tweets
© W&G Foyle Ltd