The Prime Minister announces the UK Trade & Investment (UKTI) Inward Investment Report 2013/14 . The figures show that the UK has attracted the most inward investment projects since records began in the 1980’s.
In total 1,773 investment projects were set up by foreign businesses in the UK during the 2013/14 financial year, up by 14% on last year. The results are supported by external independent sources, such as EY, who have confirmed that the UK remains number one destination in Europe for foreign direct investment projects.
On the results, Prime Minister David Cameron said: “Attracting foreign investment to the UK is integral to our long-term economic plan to create new UK jobs and build a stronger and more competitive economy.
“Today’s record figures show that foreign investment is benefitting every region of the UK. Malaysia is helping to rebuild our cities, the Indians are investing in our car industry, Dubai is working on our port infrastructure and people throughout the UK are benefiting from higher employment.”
“We are not embarrassed about international investment into Britain; we are proud Britain remains one of the most preferred destinations in the world for foreign investment. UKTI and its partners in the UK and abroad will continue to work tirelessly to encourage investment from around the globe.”
Dominic Jermey is the newly appointed CEO of UKTI, he said, ” attracting inward investment to the UK will continue to be a high priority for me and the team and we will work to ensure that foreign investors remain confident in the UK as the best place to do business. You can read a copy of the full report online. I look forward to working with you on the inward investment and trade agenda and please do not hesitate to contact me if you have any questions on the report.”
To read the full report follow the link:
https://www.gov.uk/government/publications/UKTI-inward-investment-report-2013-2014
