Investment into Brexit Britain by foreign companies breaks all records

Revealed: Brexit Britain is LOVED internationally
(but not by the EU)

Investment into Brexit Britain by foreign companies breaks all records

Value of Foreign Direct Investment (FDI) exceeds £2 TRILLION for first time

 

A CIBUK.Org report on the international attractiveness of Brexit Britain

In the first full year of Brexit all previous records were broken, as inward FDI topped the £2 TRILLION mark for the first time ever.

Yesterday (Mon 23 Jan 2023) the Office for National Statistics unveiled its latest 2021 figures for foreign companies investing in Brexit Britain (FDI).

Inward investment increased by £83.2 billion in 2021 and the overall figure has increased by 68.7% since the EU Referendum year of 2016.

Summary

Foreign Direct Investment (FDI) into the UK, 2021
[Source: Latest figures in £s billions from the ONS, 23 Jan 2023]

 

  • 2016 : £1,187.3 bn
  • 2017 : £1,392.5 bn
  • 2018 : £1,572.8 bn
  • 2019 : £1,640.6 bn
  • 2020 : £1,919.2 bn
  • 2021 : £2,002.4 bn

 

© Brexit Facts4EU.Org 2023 – click to enlarge

The former Brexit Minister, the Rt Hon David Jones MP commented to us on our report

 

“This important research gives the lie to claims by Rejoiners that the United Kingdom has become increasingly unattractive to overseas investors since Brexit.

“In fact, foreign direct investment into the UK has almost doubled since the 2016 referendum.

“Non-EU countries are scrambling to invest in an increasingly dynamic UK, freed of the burdensome bureaucracy beloved by Brussels.

“The enactment of the Retained EU Law Bill will result in thousands more unnecessary EU regulations consigned to the scrap heap, making the UK more competitive and even more attractive to overseas investors.”

– The Rt Hon David Jones MP, Tues 24 Jan 2023

Brexit Britain is loved by the world… if not by the EU

Crucially, the increase in inward foreign direct investment did not come from the EU27, but from companies in the Americas and non-EU Europe.

The value of inward investment from the EU27 actually fell in 2021.

Summary

By region of the world : Foreign Direct Investment (FDI) into the UK, 2021

 

[Source: Latest figures in £s billions from the ONS, 23 Jan 2023]

  • EU27 : £685.1bn (-£20.3 year-on-year)
  • Non-EU Europe & Americas : £1,135.0bn (+£127.0 year-on-year)

 

© Brexit Facts4EU.Org 2023 – click to enlarge

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This report has been co-published with our affiliated organisation, Brexit Facts4EU.Org.

 

For the original report, click here : https://facts4eu.org/news/2023_jan_world_loves_brexit