Thursday, June 06, 2019

ER, GARETH? PERHAPS IT'S A GOOD IDEA TO GO TO THE SOURCE AND NOT RELY ON EXTREME RIGHT WING MEDIA?



But what's happened in the last few years?

UK remains the top destination for foreign direct investment in Europe, but challenges mount as Brexit casts a shadow.

The UK remained the number one destination for foreign direct investment (FDI) in Europe in 2018, ahead of Germany and France, with 1,054 projects, its third-highest number of FDI projects in 20 years. However, this was a 13% drop in FDI projects compared to 2017 (1,205 projects) and according to our survey perceptions of the UK as an FDI destination have weakened.

The latest EY UK Attractiveness Survey, which launches today, shows that whilst there is no immediate crisis, the UK needs to take action or risk a further weakening of its position in the coming years.

The report suggests a series of policy steps to help the UK build on its proven strengths as it transitions to life after Brexit.

...

Key findings

The UK remained the number one destination for FDI in Europe in 2018, ahead of Germany and France, with 1,054 projects, its third-highest number of FDI projects in 20 years. However, this was a 13% drop in FDI projects compared to 2017 (1,205 projects).

Projects in Germany also fell by 13%, largely due to a slump in business services investment. By contrast, projects in France increased by 1%, moving it into second place in Europe above Germany for FDI projects.

The UK still leads in digital but European share in the sector fell four points to 23% and investor concerns in the manufacturing, HQ, automotive and chemical sectors led to a decline in investment in those areas.

The UK saw a significant geographical imbalance in 2018, with a relatively strong performance in London and the South East, while the rest of the country saw significant declines.

According to our perceptions survey, investors in the UK remain committed to their existing operations with only 6% planning to move assets in the next three years.

[source : UK Attractiveness Survey June 2019, Ernst & Young, https://www.ey.com/uk/en/issues/business-environment/ey-uk-attractiveness-survey, June 2019]

Would Gareth call it a success if sales of his music fell 13% with warnings he'd have to significantly change? And all for Rupert Murdoch, Donald Trump, Israel and the extreme rightist Zionists?

I doubt it.

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