Britain has lost its ranking as Europe's top foreign direct investment destination - ranked by the total number of projects - to France, although it was the leader in 2023 for new projects, accountancy firm EY says.
Further ahead, a spending review next Spring will reveal the government's own investment plans for power, transport and other infrastructure over the coming years, providing a foundation for the private sector.
UK government officials say they are making progress, pointing to recent announcements like a 10 billion-pound ($13.3 billion) investment by private equity firm Blackstone in an AI data centre and a planned 8 billion-pound investment by Amazon.
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