India is ‘third largest investor in Britain’


India has retained its position as the third largest investor in Britain, according to official UK government figures released on Tuesday (August 30). The US remains the biggest source of inward investment, accounting for 570 projects, and China grabs the second spot with 156 projects, the UK’s Department for International Trade data showed. The latest investment figures come as a boost following the Brexit vote in June, as the country emerged as the most popular destination in the European Union for overseas firms. The UK recorded a total of 2,213 inward investment projects, up 11 per cent on the previous…

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