The UK has attracted the most inward investment projects in 2013/14 since records began in the 1980s, according to new data from UK Trade and Investment (UKTI).
Annual investment figures from UK Trade and Investment (UKTI) for 2013 to 2014 show that the UK attracted 14% more projects than last year (2012 to 2013). This is supported by external independent sources, such as Ernst and Young, who have confirmed that the UK remains the number 1 destination in Europe for foreign direct investment projects.
The UKTI inward investment report 2013/14 also shows 66,390 new jobs were created, the highest since 2001. In total 1,773 investment projects were set up by foreign businesses in the UK during the 2013 to 2014 financial year.
Since 2010, UKTI has recorded 6,172 inward investment projects which are estimated to have created more than 220,000 jobs.
The UK is continuing to attract high quality investment from around the globe, both from its established economic partners in Europe, North America and Japan but also from key growing markets such as India and China.
The report also shows how the benefits of inward investment are spread throughout the UK, with England, Scotland, Wales, Northern Ireland and London all recording increases in both the number of investment projects landing and the number of new jobs created.
The results provide evidence of the success of the UK Government Growth Strategy, and act as an indicator of the increasing confidence in the UK as a business and investment destination. The results also reaffirm the success of the partnership between UKTI HQ and the teams working overseas, bringing the UK offer to an ever increasing number of global markets.
The data published by UKTI bears out trends reported by independent reports including those published by EY, Financial Times and UNCTAD, whose figures all showed the UK enjoyed a strong year for inward investment in 2013.
Click here to download the full report
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