Following the rejection of independence in the Scottish referendum in September 2014, the promises made to Scotland regarding further devolution have led English regions to demand the same. Roz Hanna speaks to investment agencies and LEPs in some key UK regions to see if the prospect of further devolved powers can help in their bid to attract FDI.
Latest articles from United Kingdom
York is one of the most picturesque places in the UK, attracting tourists in their millions. However, there is more to the city than its heritage – it excels in the bio, financial and transport technology industries – and a soon-to-be-opened business park near the rail station will mean that those flocking to York will not necessarily be doing so to take photographs.
China, the UK and Germany emerged as the most attractive locations for investors in a survey by US-based location marketing firm, Development Counsellors International.
According to the start-up cities index 2014, compiled by entrepreneur platform Startups, aside from London, Manchester, Edinburgh and Bristol are the leading locations for new businesses in the country.
A recent survey of UK-based small and medium-sized enterprises found that such companies view the Chinese market as the most promising source of future growth.
The annual report for 2014 from Unctad was positive about FDI inflows but warned of unequal economic prosperity between developed and developing countries.
The annual Cities of Opportunity Index by consultancy firm PricewaterhouseCoopers ranked London as the leading city.
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