A Brexit Facts4EU.Org report on the international attractiveness of Brexit Britain.
Investment into Brexit Britain by foreign companies breaks all records. Value of Foreign Direct Investment (FDI) exceeds £2 TRILLION for first time. In the first full year of Brexit all previous records were broken, as inward FDI topped the £2 TRILLION mark for the first time ever.
Yesterday (Mon 23 Jan 2023) the Office for National Statistics unveiled its latest 2021 figures for foreign companies investing in Brexit Britain (FDI). Inward investment increased by £83.2 billion in 2021 and the overall figure has increased by 68.7% since the EU Referendum year of 2016.
Brexit Facts4EU.Org Summary
Foreign Direct Investment (FDI) into the UK, 2021
[Source: Latest figures in £s billions from the ONS, 23 Jan 2023]
2016 : £1,187.3 bn
2017 : £1,392.5 bn
2018 : £1,572.8 bn
2019 : £1,640.6 bn
2020 : £1,919.2 bn
2021 : £2,002.4 bn
Brexit Britain is loved by the world… if not by the EU
Crucially, the increase in inward foreign direct investment did not come from the EU27, but from companies in the Americas and non-EU Europe.
The value of inward investment from the EU27 actually fell in 2021.
By region of the world : Foreign Direct Investment (FDI) into the UK, 2021
[Source: Latest figures in £s billions from the ONS, 23 Jan 2023]
EU27 : £685.1bn (-£20.3 year-on-year)
Non-EU Europe & Americas: £1,135.0bn (+£127.0 year-on-year)
For this article in pdf with charts, please click here:
Observations
Another big Rejoiner myth busted wide open by Brexit Facts4EU.Org
We have lost track of the number of times we have seen Rejoiners telling the British public that foreign investment into the United Kingdom has dried up since we left the European Union.
In fact, the opposite is the case as the official figures from the ONS show. Not only has inward foreign investment increased, it has broken all records and has now gone over the £2 TRILLION mark for the first time in history.
The increase has come from outside the EU27
As we point out in our headline, it seems that Brexit Britain is LOVED internationally, but not by the EU.
The EU27 invested £20bn less in the UK in 2021 than in 2020. However this was massively overshadowed by the £127bn increase from non-EU European countries and from the Americas.
In fact, non-EU countries now represent two-thirds of the value of foreign investment in Brexit Britain. The EU27 is becoming less and less relevant. They have dropped five percentage points in the last four years alone.
We must get reports like this out there
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