SCOTLAND AND NORTHERN ENGLAND
Scotland is the most attractive location in the UK outside of London for foreign direct investment, according to the latest EY FDI Attractiveness Survey. Highlighting a continuing trend, the survey shows that Scotland remains a prime location for international companies considering foreign investment and expansion amid UK/Europe-wide challenges:
- Scotland is second only to London in attracting new projects
- Financial services investment in Scotland remains highest outside London
- Scotland's attractiveness to new and existing investors doubles
- Three Scottish cities – Glasgow, Edinburgh and Aberdeen – feature in the top ten cities outside London for FDI
Sectors generating the highest number of inward investment projects are:
- Business services
- Machinery and equipment
The survey is designed to examine the evolving performance and perceptions of Scotland as a destination for foreign investment.
Scotland’s population is around 5.5 million people, with a workforce of under 3 million. The population is mainly spread across seven cities – Glasgow, Edinburgh, Inverness, Aberdeen, Perth, Dundee and Stirling. Edinburgh, the capital, is the UK’s most entrepreneurial city, and ranked second for quality of life in a recent survey of 47 cities. Scotland’s GDP is estimated at £178.6 billion, or £32,800 per person, growing 1.3% year on year. There are around 346,900 private sector enterprises currently operating in Scotland. An estimated 99% of these companies are small or medium-sized enterprises, providing 1.2 million jobs.
"As one of the leading consulting companies in the field of Market Entry Consulting to Germany, the past 35 years the UK has been a great and exciting market for us. The membership in the BCCG is therefore an important component for us and an ideal platform for the exchange with fellow members and British companies. The possibilities for making interesting, cross-industry contacts, are extremely diversified. "
"Als eine der führenden Beratungsfirmen im Bereich der Market Entry Beratung nach Deutschland, ist für uns seit 35 Jahren UK stehst ein großer und spannender Markt. Die Mitgliedschaft in der BCCG ist daher für uns eine wichtige Komponente und optimale Plattform zum Austausch mit anderen Mitgliedern sowie britischen Unternehmen. Die Möglichkeiten, interessante, branchenübergreifende Kontakte zu knüpfen, sind äußerst vielfältig."
Member of the Board of Directors
Consultinghouse International GmbH, Hanau
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