Welcome
Welcome to the latest foreign direct investment report from Irwin Mitchell
This latest study is our most comprehensive analysis of Foreign Direct Investment, and reflects our commitment to overseas businesses and individuals that are looking to invest in the UK. We've demonstrated this through building a team of global experts, dedicated to numerous regions, across the US, Europe, the Middle East and Asia Pacific. In the last 12 months, we've also bolstered our international teams in France and China to provide expert legal advice to individuals and organisations looking to do business between those locations and the UK.
As with previous reports, we have teamed up with leading economic consultancy, Cebr (Centre for Economics and Business Research). In addition to providing a review of the latest trends for FDI in the UK economy, together we have devised a system to rank 50 of the largest city economies in the UK according to their attractiveness for investment.
This unique index is based on three pillars: growth potential, local skills and local infrastructure. In each pillar there are two or three indicators, sourced primarily from national datasets.
There is also ‘on the ground’ commentary in relation to the strengths within some of the UK’s largest cities and a look at some of the key sectors which are attracting investment.
Finally, we explore how ESG and the move towards a low carbon economy is shaping trends in relation to UK investment.
I hope you find this report of interest. I certainly welcome your feedback and I will be delighted to speak to you about your plans in the UK.
What is FDI?
Foreign Direct Investment (FDI) refers to cross-border flows where an investor establishes a lasting interest in a foreign subsidiary. For this to reflect a long-term interest, typically 10% or more of the organisation's voting power must be under the control of the foreign investor. Examples of FDI include Greenfield FDI, where a new establishment is formed, and Mergers & Acquisitions (M&A), which refers to investments when the investor takes over an existing business.
FDI has the potential to raise productivity between businesses and facilitate the transfer of knowledge and technology. It can also help in nurturing a global community, giving businesses presence and connections in foreign jurisdictions.
Disclaimer Whilst every effort has been made to ensure the accuracy of the material in this document, neither Centre for Economics and Business Research Ltd nor the report’s authors will be liable for any loss or damages incurred through the use of the report.
Authorship and acknowledgements
This report has been produced by Cebr, an independent economics and business research consultancy established in 1992. The views expressed herein are those of the authors only and are based upon independent research by them.
The report does not necessarily reflect the views of Irwin Mitchell.
London, April 2023
