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Overseas Investment in Wales ‘Bucks Trend’

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Wales appears to be bucking the trend in terms of attracting investment from overseas, according to analysis for BBC Wales by Cardiff Business School.

Latest Office for National Statistics (ONS) figures show a 38% fall in money invested in the UK by foreign-owned firms between 2012 and 2014.

But the Cardiff economists said jobs and projects coming to Wales through inward investment are growing steadily.

They suggest Wales is outperforming the UK as it did in the 1980s and 90s. Meanwhile, the value of exports from Wales has dropped by 8.6% over the last year – with the biggest drop involving trade with the European Union.

SOURCE: bbc.co.uk