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Inward investment into UK up 71 per cent

The UK is still one of the world&#39s main recipients of direct foreign investment despite remaining outside of the European single currency according to the Financial Times.


The FT says latest figures from United Nations Conference on Trade and Development reveals inward investment into the UK increased by 71 per cent in 1998 to £63.1bn from £36.9bn the previous year.


British campaigners against early participation in the Euro welcomed the figures as it disproved claims that investors would shy away from the UK unless it were to join the currency.

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