Thursday, May 28, 2015Thursday, May 28, 2015

Britain retains top slot in foreign investment ranking, France lags: Study

Published on May 27, 2014 6:13 PM
A general view of the London city skyline. -- PHOTO: AFP

PARIS (REUTERS) - Britain and Germany topped an annual ranking of foreign investment projects in Europe while France lagged behind though its numbers were on rise, a study showed on Tuesday.

Retaining its top position, Britain saw the number of foreign investment projects in the country rise by 15 per cent last year to 799, according to Ernst and Young.

Meanwhile, Germany, Europe's biggest economy and industrial powerhouse, saw an increase of 12 per cent to 701 foreign investments.

France appeared to have halted some of its decline in recent years although the number of foreign investments grew more slowly than in Britain or Germany.

Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!