Do you know where Europe’s premier hub for financial services investment is?
The UK.
Ever wondered why the UK continues to lead the way in attracting financial services investment in Europe?
According to EY's latest research, the UK isn’t just holding its ground—it’s pulling ahead.
With a 7% increase in foreign direct investment (FDI) projects, the UK now commands a 33% market share in Europe’s financial services sector.
This growth significantly outpaces rivals like France and Germany.
Despite challenging global conditions, the UK's financial services sector remains a beacon of stability and innovation.
In 2023 alone, the UK attracted 108 financial services projects, up from 76 in 2022. Even more impressive, the UK saw 85 new projects, marking a 25% increase from the previous year.
The broader European financial services market also saw growth, with total projects rising to 329 in 2023. However, the UK's surge is particularly noteworthy, given the overall decline in other professional sectors such as technology and digital services.
To stay ahead, the UK must continue to innovate and attract top talent.
How can we build on this momentum and ensure the UK remains the go-to destination for financial services investment?
I'd love to hear your thoughts below.
Reference - https://lnkd.in/ehDQ7gNn
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