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Foreign Direct Investment: UK grows as Europe declines

Foreign Direct Investment: UK grows as Europe declines

Hywel Ball, EY UK Chair, said: “The UK recorded a rise in inward investment projects last year, outperforming most other countries in Europe. There were standout performances for certain regions including London, Scotland and the West Midlands, however, investment across the country continues to be uneven. “Our survey shows that global investors are confident in...

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Intuit to close Edmonton office as global tech firm cuts 1,800 jobs across operations | CBC News

Intuit to close Edmonton office as global tech firm cuts 1,800 jobs across operations | CBC News

TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10 per cent of its workforce, as it looks to focus on its artificial intelligence-powered tax preparation software and other financial products. The company, which has invested heavily in providing generative AI powered accounting and tax preparation tools for small and...

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Foreign Direct Investment: UK grows as Europe declines

EY UK Attractiveness Survey 2024

‘No room for complacency’ warns EY Hywel Ball, EY UK Chair, comments: “The UK achieved a strong performance for FDI last year, driven by a resurgence in tech investment and impressive annual growth in sectors such as business services. Significantly, this has also been strategically valuable investment, with UK FDI generating a greater number of...