After
four years of growth, inward investment activity is now either falling or
static in every UK region.
A
survey by the Financial Times of regional investment agencies confirms
suggestions that investment activity has failed to recover from a decline that
started in the three months to December, when the US slowdown began.
The
downturn is potentially serious because inward investment has emerged as a
substantial generator of economic activity in the past two decades.
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The
slowdown appears worse in London, the south-east, Scotland, the Midlands and
the northwest but has also hit Yorkshire, the north east and the east of
England.
By
Paul Nelson