 UK economy |
| Search News |
|
|
| Find an IFA |
|
|
| Financial News |
|
| UK Spotlight |
Sterling has today picked up sharply after weeks and weeks of pressure and selling by investors. This comes just ahead of the MPC meeting to decide their next move on UK base rates and until just a...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
| |
|
|
|
|
Wednesday 18th June 2008
Despite all of the doom and gloom surrounding the UK economy at this moment in time, it seems as though the UK is still the first port of call for many foreign investors looking to investment corporate funds. A Study by KPMG has shown that the position of the UK in the European market is growing in strength even though the UK has not always been seen as wholly comfortable with the EU state concept.
The research note by KPMG showed that 14% of companies asked suggested that they would be looking to the UK market as a home for their future corporate investment. The UK was only beaten by financial powerhouses the US and China which are attracting massive amounts of corporate money even today. The main areas of investment in the UK seem to be finance, with the sector set to overtake the US as number one, and property and transport - both areas which are going through a very difficult period at the moment.
The study will be a welcome relief for Gordon Brown who has come in for some serious criticism of his economic skills and the state which he left the UK economy in when he moved to the PMs Office. |
→ Full UK economy News Archive
→ Return to Homepage
|
|
|
|
| Other top stories in this section:
|
|
|
|
