The UK has maintained its position as the second most attractive destination for international investment. This is according to PwC’s latest survey. Germany and India share this ranking, each with 13% of chief executives preferring these countries. The US remains the top choice at 35%. Despite 25% of UK CEOs predicting a downturn, the UK is enhancing its global standing through trade agreements. A senior partner at PwC UK, stated: “Being the world’s second most important investment destination for a second year running should not be underestimated. It demonstrates that the UK still looks stable in a turbulent world. In now sharing that position, however, it’s also a wake-up call – other countries are gaining ground.”

BFS Comment:

This is further positive news in difficult times. What is needed now is for the Government to take more actions designed to making investments into the UK more attractive for all. This includes further encouragement for pension funds to dedicate more of their investments into UK businesses, both large and ‘relatively’ small. It could also be that with everything that is going on in the USA, more investors will be looking to the UK as a ‘Safer’ alternative.