- 2,265 FDI projects secured in 2022-17, a rise of 2%.
- Total FDI jobs down by -7%, falling from 115,974 to 107,898 in 2022-17.
- Software and Computer Services is number one for FDI, with 418 projects 2022-17.
- The East, West Midlands and North West contain the highest quantity of FDI projects.
- America remains the UK's largest supply of inward investment, providing 557 FDI projects.
It has been reported by GOV according to the report UK FDI Investment, Trends and Analysis: 2022 that growth in the need for the foreign direct investment positions locked in the UK by overseas investors exceeded those of UK FDI positions held abroad in 2022.
This resulted in the UK's net FDI position falling from lb50.8 billion in 2022 to lb12.5 billion by 2022, the lowest net position since comparable records began in 1997.
Inspired, Turnerlittle.com took time to consider the projects and jobs developed by FDI in the united kingdom, identifying the 6 sectors benefitting from this type of investment probably the most.
Figures from the Inward Investment Results 2022-17 report released by the Department for International Trade, declare total FDI projects in the united kingdom rose by 2% in 2022-17, from 2,213 to 2,265. This comprises projects by “existing investors” in the UK and projects by “new towards the UK” investors
Types of foreign direct investment happening include New Investments – up by 9%, Expansions – down by – 5% and Mergers and Acquisitions – down by -6% in 2022-17. Further, the USA continues to be UK's largest supply of inward investment; providing 557 projects, followed by the remainder of Europe, Middle East and Africa and China and Hong Kong -with 160.
However, the rise in total FDI projects is not reflected in total jobs, with roles suffering a -7% fall from 115,974 to 107,898 in 2022-17. New roles decreasing from 82,650 to 75,226 in 2022-17.
In a table developed by Turner Little, it's evident where projects are feeding a healthy workforce by comparing total projects and total new jobs in regions across the UK.
Turnerlittle.com discovered that excluding London, the South East , West Midlands and the North West hold the greatest number of foreign direct investment projects. This equates to 5,432 new jobs within the South East, 6,570 new jobs in the western world Midlands and 6,501 new roles in the North West, 2022-17. Proving FDI to become a real asset in the united kingdom.
In relation to industry, Turnerlittle.com found britain's Software and Computer Services sector to be number 1 for FDI, with 418 projects in 2022-17. This total is followed by the Financial Services industry and Business and Consumer Services
Closing the very best six sectors benefitting from foreign direct investment the most are Environment, Infrastructure and Transportation, with 184 FDI projects in the united kingdom, Creative Media and Advanced Engineering and Supply Chain -with an overall total 146.