China criticises UK-US trade deal; Aviva’s £3.7bn acquisition of Direct Line faces competition probe – business live
Beijing says it is a ‘basic principle’ that bilateral agreements should not target other nationsForeign investment in the UK fell below France for the fifth consecutive year in 2024, revealing the failure of successive governments to attract funds from overseas since the 2016 Brexit vote.France gained 50% more projects since 2014 to take the lead on the European leader board, while the UK has seen its number fall. It secured 853 foreign-direct investment (FDI) projects last year, according to the EY Attractiveness Index – behind the 1,025 projects registered in France and ahead of Germany’s 608.Global uncertainty makes it difficult to predict how investment numbers will change this year, but the UK does have some strong fundamentals that could set it apart.It now has a government with a large majority in place for the foreseeable future and can project a sense of regulatory and legislative stability. An emphasis on project quality over quantity expressed by policymakers in recent years also appears to be working, with the UK securing a higher number of projects that typically generate greater long-term value such as R&D and manufacturing. Continue reading...
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Beijing says it is a ‘basic principle’ that bilateral agreements should not target other nations
Foreign investment in the UK fell below France for the fifth consecutive year in 2024, revealing the failure of successive governments to attract funds from overseas since the 2016 Brexit vote.
France gained 50% more projects since 2014 to take the lead on the European leader board, while the UK has seen its number fall. It secured 853 foreign-direct investment (FDI) projects last year, according to the EY Attractiveness Index – behind the 1,025 projects registered in France and ahead of Germany’s 608.
Global uncertainty makes it difficult to predict how investment numbers will change this year, but the UK does have some strong fundamentals that could set it apart.
It now has a government with a large majority in place for the foreseeable future and can project a sense of regulatory and legislative stability. An emphasis on project quality over quantity expressed by policymakers in recent years also appears to be working, with the UK securing a higher number of projects that typically generate greater long-term value such as R&D and manufacturing.
Continue reading...
