
The UK has maintained its title as top investment destination in Europe, the government has announced, hailing “a sharp increase” in net flows in 2014. It was also revealed that 85,000 new jobs have been created as a result of the trade injection, while another 23,000 have been secured.
Statistics, produced by the UKTI, further highlighted that Britain secured the highest number and value of projects across Europe in 2014 through FDI, which has been estimated to have gone up by £90bn. This figure was welcomed as the UK’s highest number of investment projects since records began in the 1980s. Britain’s performance has seen the country’s inward FDI stock break the £1tn level for the first time. This is the highest in Europe and third in the world after the US and China. Investment came from more than 70 countries, with the US remaining the main source with its 564 projects, followed by France on 124 initiatives. Indian FDI surged by 65 per cent and was responsible for more than 9,000 new jobs, while China maintained 112 projects, which resulted in almost 6,000 new jobs.- Happy birthday! AIM’s ten best companies of its two-decade history
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