brexit foreign investment UK economy

The UKTI (the predecessor of the DIT) inward investment report for 2014/15 included:

The Minister of Trade and Investment the Right Hon Lord Maude of Horsham said in his summary of the 2014/15 report

“During 2014/15 UKTI recorded a total of 1,988 FDI projects – 12% more than in the previous record-breaking year. And UK inward FDI Stock – the amount of foreign direct investment in the UK – is estimated to have passed the £1 trillion level in 2014 – an extraordinary milestone to have achieved”

 In 2016 the UKTI had set targets to achieve £1.5 trillion inward FDI by 2020 and retain the UK’s status as the number one place to invest.

The one industry that bucks the trend and remains predominantly home grown is construction, but even they have the jitters over Brexit. Its fears for the future is the threat to its labour force. Brexit could mean the potential loss of EU workers which make up 8% of the workforce.