Commenting on EY’s annual UK attractiveness survey, Muniya Barua, Deputy Chief Executive at BusinessLDN, said:
“London retaining top spot as Europe’s leading region for attracting FDI should be both a source of pride but also a wake-up call for politicians to be backing the UK’s growth engine as London attracted fewer projects last year than in 2023.
“With signs that the capital’s global competitor landscape may be shifting, it’s worth remembering that London is a gateway for investment to the whole UK and investment in talent, transport and infrastructure is vital to keep it ahead of the pack.
“The release of a new infrastructure strategy this week is a key opportunity to set down a marker, outlining how the Government intends to work alongside investors on delivery of shovel ready projects across the capital, such as the DLR to Thamesmead and the Bakerloo line extension which together would unlock thousands of new homes.”
