A survey by PricewaterhouseCoopers ranks post-Brexit Britain as the fourth most favored investment destination, according to Reuters. The survey involved CEOs of more than 5,000 companies.
Britain’s attractions have been as a result of ‘becoming a separate country and location’- PWC Chairman Bob Moritz
The U.S and Germany firms were favorable toward investing in the U.K-Moritz
The PWC survey found optimism among CEOs was at record levels as the world begins to come out of the COVID-19 pandemic, with 76% expecting global growth to improve this year.
Despite growing optimism, inflation was cited as a risk concern in the medium-term.
China lagged behind the U.S as a favored investment destination as companies were worried of the trade war between the two countries.
Investors are also concerned of market access and unfair practices in China
The survey found that the pandemic has accelerated moves towards sustainability and digitalization as well as focus on employees’ mental and physical wellbeing.
The top three investment destinations in the PWC survey were the U.S, China, Germany, as the U.K overtook India to claim the fourth position.
