The latest investment statistics show that the UK has once again trounced its rivals on the continent, taking the title of being the most attractive overseas destination for financial services investment. Those seeking to invest in the UK often take independent financial advice in Chester, London and other important cities. Independent financial advisors (IFAs) like wealth managers are relied on for their unbiased and expert opinions of financial services products.
Last year in 2022, despite post-Brexit malaise, Britain attracted 76 different financial services projects, far exceeding its closest competitor France, which only secured 45. The news comes amidst concerns regarding the UK’s pre-eminence as an international listing destination following many firms jumping ship for the US market. The UK investment climate has also suffered from new fears of the British Government’s tax regime, which many refer to as punitive.
However, regardless of these circumstances, the UK financial market’s strength has meant that even in the most challenging times of economic upheaval, investors recognise it as the most lucrative financial services market throughout Europe and the gold standard for both resilience and governance.
Over the last ten years, Britain has consistently beat its European rivals, securing a total of 819 projects, which is well ahead of both Germany and France combined.
The figures encompass the number of dedicated financial services projects for the year, in which an overseas company makes an investment by either establishing a brand-new operation or expanding one already in existence.