The recent data reveals a concerning decline in foreign investment in the UK, driven by a 13% drop in foreign direct investment projects in 2024 compared to the previous year. This decline places the UK behind France, which secured more projects than the UK for the fifth consecutive year. Despite these challenges, the technology sector was the standout performer, featuring significant projects like the establishment of an AI lab in London by Infosys. Overall, these trends reflect broader economic challenges faced by European nations in attracting international funding.
In the past year, foreign investment in the UK saw a notable decline as funding from the US decreased, with a 13% drop in foreign direct investment.
The technology sector in the UK outperformed others in attracting foreign direct investment, especially with notable projects like Infosys launching an AI lab in London.
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