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UK Financial Services Remain a Magnet for Global Investors Despite Decline in Deals
UK Financial Services Remain a Magnet for Global Investors Despite Decline in Deals
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The UK's financial services sector continues to attract global investors, maintaining its lead over European rivals despite a 32% drop in foreign investment projects last year. London remains the preferred European city for financial services investment, outpacing Frankfurt and Paris.
EY's report highlights a broader regional slowdown, with Germany seeing a 16% decline in deals and Europe overall experiencing an 11% reduction. Martina Keane of EY emphasizes the UK's enduring appeal, citing its DEEP and robust financial ecosystem.
Investor sentiment favors the UK (44%) and EU (39%) over the US (32%), reflecting geopolitical uncertainties. The data underscores London's resilience as a financial hub amid shifting global dynamics.
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