Local MP, Caroline Dinenage, has welcomed figures showing that Britain has benefited from record-breaking inward investment by foreign companies. Figures released on 30 August show that 5,507 new jobs have been created in the South East as a result of foreign direct investment.
In the last financial year almost 1,600 new jobs were created every week by foreign direct investment – nearly 390,000 new jobs since 2010. Across the country, 2,213 projects were secured with around 116,000 jobs created or safeguarded as a result of inward investment, the second highest total on record.
The statistics are the latest confirmation that the UK ranks highest in Europe for foreign direct investment.
Commenting on the latest figures, Caroline said:
"These impressive results show that Britain continues to be an attractive place for overseas investors to do business. The figures demonstrate that as we prepare to negotiate our exit from the European Union, we do so from a position of strength.
"Since 2010, we have seen almost a million new businesses across the UK and employment is at a record-high. This will undoubtedly help us to forge a new role for ourselves in the world - negotiating our own trade agreements so that we can build a country that works for everyone."