The UK government has been pressed to stop choosing for short-term solutions to boost foreign investment.
The Labour government is opting to use quick “sticking plasters” which fail to affect long-term change to attract foreign direct investment (FDI), according to a new report from a think tank set up by billionaire business man John Caudwell.
The report from Caudwell Strong Britain argues that the government needs to remove the structural barriers that hinder foreign investment.
The UK attracted 853 FDI projects in 2024, making it the second most popular destination in Europe, as investors chose to inject money into the strong financial services sector and take advantage of liquid capital markets.
However, this was a 13 per cent decrease on the year before, indicating that the UK