TheCityUK has recently published a new report: ‘Driving UK Growth: Capturing Future Investment in a Rapidly Changing World’, in collaboration with Freshfields Bruckhaus Deringer.
The report calls for the UK to adopt a bold new investment strategy and highlights an opportunity to become more attractive to international investors by recognising the changing drivers of business investment and adapting its strategy to accommodate them.
The UK is the world’s second largest exporter of services and boasts competitive strengths in technology, life sciences, education, research, marketing and communications.
It has captured a large share of global services investment in recent decades, attracting more financial services investment than any other European country each year for the last 20 years. However, overall investment flows coming to the UK have declined in recent years and have not recovered to pre-pandemic levels.
To reaffirm the UK’s spot as the global leader, the report sets out a series of recommendations to deliver a new investment strategy that reflects both well-established and evolving investor priorities. Some recommendations include mainstreaming green investment, creating a global talent hub and designing the world’s best and most efficient regulatory centre.
TheCityUK suggests that if these recommendations are adopted, the UK could capture a new wave of investment in high-value services and technology, grow as a global financial hub, benefit from more jobs and growth, and lead the global green transition.
Read the full report and its recommendations here.
