In the statement made by The City of London, the financial center of England, it was reported that a total of 2 billion pounds of foreign investment was made in a total of 263 projects in the financial services sector (FPS), which is the highest level compared to European countries.
In the statement, it was reported that the volume of foreign investment in the financial sector in the UK increased by 68 percent compared to the previous year, and the number of projects invested in increased by 39 percent.
In the statement of the financial center, it was noted that the foreign investment of 2 billion pounds attracted by the financial sector in the country last year reached its highest level in the last four years.
It was stated in the statement that the UK attracted foreign investment to a total of 263 projects in the financial sector last year, while this figure remained at 157 in Germany and Spain, 124 in France and 82 in the Netherlands.
46 PERCENT OF INVESTMENTS ARE IN ASSET COMPANIES
In the statement, it was noted that 46 percent of the total foreign investments in the financial sector in the UK were made to asset management companies, and 56 percent were employment generating.
In the statement of the financial center, it was noted that a total of 886 million pounds of foreign investment was attracted to 156 projects in the financial sector in the capital London last year.
Nicholas Lyons, Chairman of the City of London, whose evaluations were included in the statement, said: “Despite the global challenges facing the economy, the UK’s financial and professional services sector has proven to be resilient. “London is the world’s most international and well-connected financial centre, providing unrivaled access to global markets.”