Posted: 30 Apr 2024 Resource Type: Research Report Download Back The UK's foreign direct investment (FDI) into financial & professional services (FPS) in 2023 remains strong. As Europe's most popular destination for FDI, it attracted 222 FDI projects, with a combined value of £1.1bn. Across the past five years, London has continued to be the world's number one global financial centre for FPS projects. With a total of 697 projects from 2019 to 2023, London is well ahead of competitors such as Singapore, Paris, New York City and Hong Kong. Despite the challenging global macroeconomic environment, financial & professional services in the UK continue to draw international investors. The USA and Western Europe are the largest sources. The UK is a hotspot for global investment management: asset management was the sector securing the largest source of financial services investment, 38% of all financial services FDI projects. The value rose to £277m, up 4% from the previous year. Boosting FDI will continue to be a key economic driver for the UK. Our Vision for Economic Growth, released last year, set out plans to keep the UK competitive and attractive to investors. Read the report Vision for Economic Growtha roadmap to prosperity Vision for Economic Growtha roadmap to prosperity Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report Accelerating Carbon Dioxide Removal: Unlocking the UK's potential to support global net zero Jun 2024 - This report, produced in association with Oliver Wyman and the UK Carbon Markets Forum looks at the major barriers to Carbon Dioxide Removal demands and constraints, while highlighting key actions that can be taken. Accelerating Carbon Dioxide Removal: Unlocking the UK's potential to support global net zero Case Study Thought Machine | making strides in the US market Jun 2024 - We spoke to Brad Steele, General Manager of the Americas and Managing Director about Thought Machine’s successful expansion to the US. Thought Machine | making strides in the US market Thought Piece Is American trade policy protectionist? Jun 2024 - Ed Price looks at today’s US trade policy - what it is and what it’s not. Is American trade policy protectionist? Thought Piece The growth in crypto Jun 2024 - In his latest blog from Brussels, Nick Collier looks at the latest innovation in cryptocurrencies, and the regulatory response in the EU and UK. The growth in crypto