London remains Europe's top destination for investment into financial services

EY Attractiveness Survey

Valeria Martinez
clock • 1 min read

London continues to be the most attractive location for foreign direct investment (FDI) into financial services in Europe, according to EY’s latest Attractiveness Survey for Financial Services.

The survey found that London's share of new projects hit its highest point in a decade, with 81 projects secured in 2023. This marks a 76% increase from the previous year and is more than twice the number of projects in second-placed Paris, which saw an 11% decline. Despite a challenging macroeconomic environment and geopolitical uncertainty, EY's UK financial services managing partner Anna Anthony said the stability of the UK's financial services sector has ensured foreign investor confidence remains "strong". Her remarks, which came with a warning of "fierce" competition from Europe...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

BoE data trialling underway following Ben Bernanke policymaking review
UK

BoE data trialling underway following Ben Bernanke policymaking review

Structural VAR models in progress

Eve Maddock-Jones
clock 22 July 2025 • 3 min read
UK government borrowing soars to second-highest level on record
UK

UK government borrowing soars to second-highest level on record

April-June borrowing was £57.8bn

Sorin Dojan
clock 22 July 2025 • 2 min read
UK and Germany to unveil 'landmark' agreement to boost defence exports
UK

UK and Germany to unveil 'landmark' agreement to boost defence exports

Billions of pounds in exports

Linus Uhlig
clock 17 July 2025 • 2 min read
Trustpilot