The United Kingdom is boosting its investment in Spain with 2.500 billion euros in the first half of 2024

 

La British Chamber of Commerce in Spain has recently presented the ninth edition of its Barometer on the climate and prospects for UK investment in Spain, prepared together with International Financial Analysts (Afi). This report highlights that the UK has invested 2.500 millones de euros during the first six months of 2024, representing almost two-thirds of the total invested in the entire previous year.

 

By autonomous communities, Madrid leads with a reception of 1.640 million, followed by Asturias with 486 million and Catalonia with 111 millionThese flows are part of the United Kingdom's continued interest in Spain, accumulating more than 1993 since XNUMX. 92.000 million en Foreign Direct Investment (FDI).

 

British direct investment flows in the first half of this year account for almost two-thirds of all investment in 2023

 

In terms of sectors, the British investment It is mainly concentrated in wholesale trade and telecommunications, together adding up to 40 % of the historical total from 1993 to today. The technical services sector and real estate activities have also seen significant growth.

 

Amparo López Senovilla, Secretary of State for Trade, stressed: “Spain has a long tradition of receiving foreign investment, with British investment being a pioneer.” Alex Ellis, British ambassador to Spain, added: “I am pleased to see how British companies are creating opportunities and creating thousands of jobs.”

 

The economic outlook for 2025 is optimistic, with two-thirds of British companies planning to increase their investments by between 5% and an 10%, focusing mainly on business expansions and corporate digitalization.

 

However, companies have pointed out that the Brexit This has made it more difficult for workers to move between the two countries and increased bureaucratic costs. A more simplified regulatory framework could further favour these future investments.

 

 

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