Scotland has returned to its long-held position as the top UK location for financial services foreign direct investment (FDI) outside of London.
EY’s latest Attractiveness Survey for Financial Services revealed that London remains the most attractive UK destination, with 46 projects in 2022, with Scotland in second place, recording eight projects - up from three in 2021.
Scotland has been the second-placed region for financial services FDI - at least jointly - for nine of the last 10 years, with the exception of 2021. The third-placed region in 2022 was the north west of England, with six projects.