UK Outstrips Other EU Countries as Top Investment Destination in Europe

UK Outstrips Other EU Countries as Top Investment Destination in Europe

The UK remains the leading destination for foreign direct investment in Europe, being the third most significant in the world, behind the US and China.

According to the data from the Organisation for Economic Co-operation and Development (OECD), the total value of foreign investment stock into the UK by the end of 2018 increased by 5% to $1,890 billion.

As of December 2018, the UK holds more inwards investment stock than Germany ($920bn), Spain ($659bn) and Poland ($229) combined.

The latest OECD figures show the UK remains one of the world’s most attractive destinations for foreign investment. Those who would talk down Britain’s economic performance are proven wrong once again.

 

– Dr Liam Fox MP, International Trade Secretary and President of the Board of Trade

As a highly regarded investment capital of Europe, the UK  attracts far more than any of its closest competitors. International investors continue to recognise the fundamental strengths of the UK’s economy – everything from its predictable legal system to the world’s leading financial services.

Image: Pexels

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Jessica Hirsch is an MIB guest writer. She holds a business degree from the University of Leeds and has a wide experience in the startup business. Jessica writes about entrepreneurship, startups, marketing and finance.