Foreign investment and jobs

This week UN figures showed that the UK has retained our position as the top destination in Europe for foreign direct investment.



Key facts:



  • Figures released by the UN Conference on Trade and Development show that inward investment stock into the UK by the end of 2018 was worth $1.89 trillion, more than Germany ($939 billion) and France ($825 billion) combined.

 

  • Since 2010, the value of inwards stock in the UK has increased by 77 per cent, demonstrating that we have built an attractive business environment which is protecting and creating jobs for people here in the UK.

 

Also this week, the latest UK jobs figures were released and show more people than ever in work and wages growing faster than inflation for the 15th month in a row.



Key facts:



  • The latest data shows that unemployment remains at its lowest rate since 1974, whilst employment is up 357,000 over the last year, and by 3.7 million since 2010.



  • There are 458,000 fewer young people out of work since 2010 and the rate of women in work is at a record high.



  • Wages have increased by 3.4 per cent compared with a year earlier – growing by 1.5 per cent after adjusting for inflation – meaning people have more money in their pockets.



Why this matters: 

Behind every employment number is a person whose self-esteem, mental wellbeing, economic circumstances and life chances are all vastly improved by being in the workplace.

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