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The UK has attracted the most inward investment projects since records began in the 1980s.
Foreign investment projects create highest number of new UK jobs since 2001 Commonwealth Games Business Conference in Glasgow starts this week (22 July 2014)
The UK has attracted the most inward investment projects since records began in the 1980s.
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 EY, who have confirmed that the UK remains the number 1 destination in Europe for foreign direct investment projects.
The UKTI inward investment report 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. In Scotland, there were 122 projects creating 5,374 new jobs.
Since 2010, UKTI has recorded 6,172 inward investment projects which are estimated to have created more than 220,000 jobs. Over the same period UKTI has recorded 412 projects in Scotland creating almost 21,000 new jobs.
The announcement was made ahead of the Commonwealth Games Business Conference in Glasgow this Tuesday (22 July 2014) and Wednesday (23 July 2014) which will showcase to the world’s business and political leaders all that the UK has to offer.
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