Editing Economy of the United Kingdom (section)

==Investment==
In 2013 the UK was the leading country in Europe for inward [[foreign direct investment]] (FDI) with $26.51bn. This gave it a 19.31% market share in Europe. In contrast, the UK was second in Europe for outward FDI, with $42.59bn, giving a 17.24% share of the European market.<ref>{{cite web|url=http://www.fdiintelligence.com/Landing-Pages/fDi-report-2014/fDi-Report-2014-Europe#Main |title=The fDi Report 2014 – Europe|work=[[FDi Magazine]]|date=June 2014 |access-date=17 July 2014}}</ref>

In October 2017, the ONS revised the UK's [[balance of payments]], changing the [[net international investment position]] from a surplus of £469bn to a deficit of £22bn. Deeper analysis of outward investment revealed that much of what was thought to be foreign [[debt securities]] owned by British companies were actually loans to British citizens. Inward investment also dropped, from a surplus of £120bn in the first half of 2016 to a deficit of £25bn in the same period of 2017. The UK had been relying on a surplus of inward investment to make up for its long-term [[Current account (balance of payments)|current account]] deficit.<ref>{{cite news|url=https://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/ |archive-url=https://ghostarchive.org/archive/20220111/https://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/ |archive-date=11 January 2022 |url-access=subscription |url-status=live|title=Britain's missing billions: Revised figures reveal UK is £490bn poorer than previously thought|first=Ambrose|last=Evans-Pritchard|date=15 October 2017|access-date=15 October 2017|work=The Telegraph}}{{cbignore}}</ref> In April 2021, [[Gerry Grimstone, Baron Grimstone of Boscobel|Lord Grimstone]] established the [[UK Investment Council]] to enhance UK inward investment and inform the trade policy of the UK by providing a forum for global investors to offer high-level advice to the government.<ref>{{Cite news |last=Inman |first=Phillip |date=2023-02-09 |title=Sunak and Hunt to host UK industry leaders to drum up investment |url=https://www.theguardian.com/uk-news/2023/feb/09/sunak-and-hunt-to-host-200-uk-industry-leaders-to-drum-up-investment |access-date=2024-06-22 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref><ref>{{Cite web |title=UK Investment Council |url=https://www.gov.uk/government/groups/uk-investment-council |access-date=2024-06-22 |website=GOV.UK |language=en}}</ref>

According to the [[Office for National Statistics]], the UK is the biggest investor in America,<ref name=":0">{{Cite web |title=Exploring foreign investment: where does the UK invest, and who invests in the UK? – Office for National Statistics |url=https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/exploringforeigninvestmentwheredoestheukinvestandwhoinvestsintheuk/2018-11-01 |access-date=21 August 2023 |website=www.ons.gov.uk}}</ref> and the second biggest in China.<ref name=":0" />