To assist the Government’s initiative to grow the economy and promote levelling-up across the country, tens of thousands of all-new UK jobs are being now being created financed by billions in foreign investment.
Overseas investors are keen to put funds into UK investment opportunities to enjoy a sound return, but the same applies to Britons seeking assets abroad. Experts in portfolio management in Chester and other cities like wealth managers can be counted on for an unbiased appraisal of foreign investments and an opinion on whether they match an investors individual risk tolerance.
Recent statistics published by the government have revealed that more than 1,600 overseas direct investment projects will lead to the creation of close to 80,000 new job roles across the entire UK, with Northern England, Scotland, the Midlands, Wales and the Southwest set to see substantial gains.
Lord Johnston, Minister for Investment commented on the recent figures:
“These statistics reflect the sentiment I hear from foreign investors every day: the UK is a great place to invest and a fantastic springboard to start and grow a successful business.”
For Northern England, the gains are considerable. Yorkshire and The Humber has landed Foreign Direct Investment (FID) projects which will generate 7,378 jobs, marking a 97% increase on 2021 to 2022. Additionally, the Northeast and Northwest have each secured 198 projects, which will create 8,867 new jobs.
In only three years, the Northeast and Northwest of England have landed 604 FDI projects, leading to a total of 25,872 new employment positions.
