Italy is the second larget global investor in the United Kingdom, just after US and before China
The figures announced by Secretary of State for Business Vince Cable indicate that companies investing in the UK are continuing to succeed, laying the foundations for growth across the country. Inward investment created 52,741 new jobs, a 26% increase on 2010/11, and secured 59,918 existing jobs, an increase of 14%.
The UK continues to attract more foreign direct investment (FDI) than any other European country, generating more than a thousand new jobs each week.
Jobs have increased across a range of sectors, including advanced engineering, life sciences, environmental technologies and the creative industries. A 22 per cent rise in manufacturing projects shows the crucial role of inward investment in helping rebalance the economy.
The UK attracted investment from 58 countries. The USA remains the largest investor and China is now the third largest creator of new projects. After the US, French investment generated more jobs than investment from any other country.