Inward investment to the United Kingdom (UK) provides a vast range of benefits to businesses. From the creation of new jobs to the transfer of technologies and skills, it has never been easier to capitalise on what the UK has to offer in high-growth sectors. Perfectly positioned to take advantage of a highly interconnected worldwide economy, the UK offers businesses access to high-growth and new markets – and their consumers – like never before.

New opportunities to invest

The UK is expected to grow in 2022 – at 5.0%, quicker than the Euro area at 4.3%. That means real potential for investors. But investing successfully requires industry insight and a sustained coordination between government and the private sector, particularly for the highest value investments. Governments hoping to attract high levels of Foreign Direct Investment (FDI), must therefore align rhetoric with reality – making investing painless, productive and profitable.

To transform its ability to attract and support inward investment, the UK Government created the Office for Investment (OfI). The body is a major step forward in helping businesses to invest in the UK and take advantage of its high-growth sectors. The OfI is a catalyst for investment into these priority areas, resulting in new opportunities that will help draw upon the UK’s world-leading innovation and technology.

Created in direct consultation with investors, the establishment of the OfI reflects the Government’s prioritisation of FDI and the UK’s determination to become a leading destination for investment. Bringing together trade experts, government departments and agencies, and the private sector, it offers investors an unprecedented level of tailored support. Alongside advising businesses on the UK’s legal and regulatory framework, the OfI helps connect investors with the UK’s wealth of high-value opportunities across a multitude of sectors including tech, services, advanced manufacturing, and clean growth.

Through the creation of the OfI, which is fully aligned with the Government’s key priorities – from supporting the levelling up agenda to addressing climate change – a clear message is being sent that the UK is open for business.

(Photo courtesy of the Department for International Trade)

Green jobs for a green future

The OfI plays a leading role in the UK Government’s approach to tacking climate change, driving investment into green energy and infrastructure, transport, and finance as part of the Prime Minister’s 10-Point Plan for a new Green Industrial Revolution.

The plan is mobilising £12 billion of government investment to create and support up to 250,000 highly skilled green jobs in the UK, potentially unlocking three times as much in private sector investment. As such, it will help catalyse investment into this burgeoning sector, unlocking innumerable growth opportunities. In Cheshire, Copenhagen Infrastructure Partners have teamed up with FCC Environment to invest £480m in the new, state-of-the-art Lostock Sustainable Energy Plant. Once operational the energy-from-waste facility will be one of the largest in the UK and Europe and will generate over 60MW of electricity from some 600,000 tons of waste each year, providing electricity for 110,000 home and offsetting 200,000 tons of CO2 per year.