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Birmingham Post

Business

Alistair Houghton

Manchester the leading English city outside London for foreign direct investment despite 'challenging' year for North West

North West North London Manchester

Levels of Foreign Direct Investment (FDI) in the North West fell in 2021 - but the region's FDI levels stayed at broadly pre-pandemic levels while Manchester remained an investment hotspot.

The 2022 EY Attractiveness Survey showed 74 projects were hosted in the North West in 2021 - down on 2020’s 85 projects but one up on the 73 projects delivered in 2019.

That left the North West’s share of the UK FDI market at 7.5% – down from 8.7% in 2020, but above the 6.6% share in 2019 and 2018.

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