Responding to the release of EY’s 2024 UK Attractiveness Survey, which shows Greater London being ranked as the leading European region for Foreign Direct Investment, Matthew Fell, Director of Competitiveness at BusinessLDN, said:
“At a time when the public finances are under severe pressure, attracting foreign direct investment into London and the UK is more important than ever to boost productivity and growth.
“It’s very positive that the capital led the way across Europe when it came to attracting FDI last year but we cannot afford to rest on our laurels.
“The next Mayor, central government and business all need to work together to deliver a coordinated plan to attract investment that leverages London’s strengths so that it can act as an engine of growth for the whole UK.”