The value of foreign investment has grown by almost 75% in the North of England in the last half decade. However, in the South of England, including London the picture is not the same. Figures even show that the number of FDI projects in the North have now reached approximately 33% and new jobs have risen by almost 20%. The agenda for growth in the South dwindled under the Tory leadership, it is now Truss’ job to pick it back up. In London, FDI has fallen by 14% in comparison to the start of the decade. This has been carried out by the ‘Northern Powerhouse’ whose agenda it was to capitalise on London’s potential and to provide a counterweight to London in the regions with the greatest disparities.
Is this shocking news to you? What can be down to boost FDI across England?