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UK top EU destination for inward investment

by AccountancyAge.com

28 Jun 2007

France has lost ground in the inward investment stakes according to the latest European Investment Monitor, compiled by Ernst & Young, allowing the UK to  consolidate its top spot in Europe.

The European Investment Monitor revealed that the number of foreign projects into Europe rose to a record high of 3,531 last year, up by 15% on 2005.

The UK (19%) and France (16%) remained the top two destinations, with Germany a distant third (8%).

Romania experienced the highest growth in number of projects announced, to 140 from 86 in 2005.

Further reading:

Enter our Green Accountancy Survey to win £50 of wine

Economics: Inward bound

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