Germany and France close gap on UK for foreign investment
by Phillip Inman from on (#3S1RR)
Brexit concerns making global investors more reluctant to invest in Britain, EY finds
The UK remains Europe's top destination for inward investment, but its star is waning as Brexit uncertainty allows Germany and France to close the gap.
Last year the UK attracted 6% more foreign direct investment (FDI) projects that the previous year, according to figures compiled by EY in a survey of 450 global investors, but fell behind France, which grew by 31%, and the European average growth rate of 10%.
Related: CBI cuts forecast for UK economic growth as Brexit concerns linger
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