Total financial services FDI projects across Europe fell from 329 in 2023 to 293 in 2024, a year-on-year decrease of 11% - London Business News | Londonlovesbusiness.com
Briefly

According to EY's Attractiveness Survey for Financial Services, the UK retains its status as the leading destination for foreign direct investment (FDI) in financial services within Europe, attracting 73 projects in 2024. This is more than double Germany's 32 projects and well ahead of France's 30. However, overall project numbers have dropped 11% across Europe. While the UK holds 25% of the European FDI market, a decline from 33% in the previous year, the UK’s financial services sector is still viewed favorably by global investors. Continuous efforts between industry and government are necessary to enhance competitiveness.
The UK has retained its position as Europe's most attractive destination for financial services investment, despite investment falling across the region. The strength and depth of the UK's financial services sector continues to capture global investor confidence - particularly as they navigate challenging market conditions.
Both industry and Government are taking positive action to prioritise growth and innovation in UK financial services, and this collaboration must continue. Future success rests on not just maintaining, but growing the attractiveness of the UK's financial services sector on the global stage.
Read at London Business News | Londonlovesbusiness.com
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