• Sunday, November 27, 2022

Business

India slips to be fourth largest investor into UK

Dr Liam Fox said the UK was experiencing more investment than ever before.

By: Sarwar Alam

India has slipped by one spot to become the fourth-largest foreign investor into the UK, according to the official figures released today (6). The US remains on the top, investing in 577 projects in the UK, with China (including Hong Kong) remaining in second place with 160 projects. India set up 127 new projects in Britain last year and safeguarded 7,645 existing jobs as a result and created 3,999 new jobs in 2016-17, it said. However, it lost its position as the third largest investor in the UK to France which set up 131 projects last year, according to the…

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