Inward investment in the UK slipping

Inward investment in the UK is slipping, according to a report by accountancy firm Ernst and Young. While the UK maintained its lead as the largest recipient of investment projects, its market share dropped from 28% to 24% of new schemes. In contrast, France’s share increased from 12% to 18%, and big increases in investment […]

Inward investment in the UK is slipping, according to a report by accountancy firm Ernst and Young. While the UK maintained its lead as the largest recipient of investment projects, its market share dropped from 28% to 24% of new schemes. In contrast, France’s share increased from 12% to 18%, and big increases in investment were reported in Spain, Germany and the Netherlands. The report is seen by some as a sign of the impact the UK’s exemption from the single European currency is having on British industry.