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Investing in the UK

The UK may only be at the start of its
Brexit journey, but a succession of surveys and reports has revealed the
strength of the economy leading up to that all-important vote. The latest
report from the UK’s Department for International trade has revealed that in
the year to April 2016, the UK was Europe’s top inward investment destination.


Buoyed by strong reciprocal relationships
with countries such as the USA, India and China; in the year 2015/16 the UK
recorded 2,213 new inward investment projects, in the process safeguarding or
creating some 116,000 jobs. This represents an 11% increase on the previous
year.


Do figures such as these mean that we
should be looking to boost investments either in the UK or in one of the
countries with which it has a strong reciprocal arrangement? The answer is both
yes and no. Best practice investment advice recommends that investment
decisions are made on an individual basis, taking into account personal current
and future anticipated requirements.


Spreading investments across a range of
business sectors and countries is also recommended but whether an individual
should boost their investments in one area or another will depend on their
existing needs and current portfolio.
If you’re looking for advice on
investments, or if your situation has changed and you may therefore need to
review your existing investment portfolio, contact Beckworth by using one of
the links on our website.