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Foreign firm investment in UK halves
Foreign investment into the UK reduced by half last year as the recession led to foreign firms pulling out of the UK, according to a survey by the UN.
The world investor flow survey from the UN revealed that overseas investment fell by half to £97bn as Britain was hit harder by the global recession than almost any other nation.
For over a decade the UK topped EU tables for foreign investment but the UK is now second in Europe and third in the world, partly as a result of the pound's decline against the dollar.
Post Date: September 19th, 2009
The world investor flow survey from the UN revealed that overseas investment fell by half to £97bn as Britain was hit harder by the global recession than almost any other nation.
For over a decade the UK topped EU tables for foreign investment but the UK is now second in Europe and third in the world, partly as a result of the pound's decline against the dollar.
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Post Date: September 19th, 2009
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