The Guardian highlights the fact that Britain attracted the most foreign direct investment (FDI) in Europe in 2007 according to the United Nations, but the financial turmoil in the global markets will have a detrimental effect on investment next year. In its annual World Investment Report, the UN Conference on Trade and Development (Unctad) said that the UK was the number one destination for inward investment in Europe in 2007, attracting more than $1tn (£540bn). Globally, the UK was second only to the US. The main reason for the growth appears to be the increase in merger and acquisition activity. (Link to article)What impact does increased investment have on the economy? Does it matter that this increased investoment comes from overseas?
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