Belfast Telegraph

UK Website Of The Year

UK is biggest investor in United States

By Staff Reporter

Published 12/08/2016

The UK is the single biggest investor in the United States and supports more than one million jobs, according to research underscoring the
The UK is the single biggest investor in the United States and supports more than one million jobs, according to research underscoring the "economic special relationship" between the two nations

The UK is the single biggest investor in the United States and supports more than one million jobs, according to research underscoring the "economic special relationship" between the two nations.

The Confederation of British Industry's (CBI) Sterling Assets report found the UK invested $449bn (£346bn) in America at the end of 2014.

The cash injection was $76bn (£59bn) more than the next largest investor, Japan, and nearly $200bn (£154bn) more than Canada.

It means that the UK holds a 15% slice of the $2.9trillion (£2.2trillion) of foreign direct investment into America, with Indian and Chinese foreign direct investment (FDI) combined reaching just under 1%.

The confederation's international director Ben Digby said the investment was a sign that the "economic special relationship" continued to go from strength to strength.

Belfast Telegraph

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Read More

From Belfast Telegraph