U.K. Remains Top Financial Services Investment Pick in Europe
- 40% of investors say U.K. ranks number 1, EY survey says
- London recorded 67 projects in 2019, over twice Paris total
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The U.K. remains the most attractive place for foreign investment in financial services in Europe, despite the ongoing pressures of Brexit and the economic fallout from the coronavirus pandemic.
About 40% of investors believe the U.K. will be more desirable for foreigners pouring money into financial services after Covid-19, compared to 8% who said the same for Europe as a whole, according to consultancy firm EY. The U.S. was the largest source of financial services investment into the U.K., accounting for about a third of projects, it said.