The UK attracted more than 2,200 new inward investment projects in 2016 to 2017 with more than 107,000 jobs across the country safeguarded or created, according to new figures.
Figures published by the Department for International Trade revealed that the UK attracted more foreign direct investment projects than ever before for the year.
With more than 2,200 projects recorded, the post-referendum figures show an increase of 2% on the previous year. The data also shows that 75,226 new jobs were created, and 32,672 safeguarded, amounting to over 2,000 jobs per week across the country.
Overall, the UK is the number one destination for inward investment in Europe, with the technology, renewable energy, life sciences and creative industries all seeing an increase in the number of projects.
International Trade Secretary, Dr Liam Fox, said: “Almost one year on since the EU referendum, the UK continues to attract record levels of inward investment and remains extremely attractive to foreign investors.”
We agree. Digital technology is playing its part every day and our clients are benefitting from the use of IT to develop new projects and improve the efficiency of existing ones.
Bowe Digital offers a range of IT solutions that can help businesses take advantage.
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