Single Market founding members - Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Spain, Portugal and the UK - received the equivalent of £9,300 of FDI per person over its first 19 years while independent European countries Norway, Iceland and Switzerland received £16,460 per person, the study showed. Report author Michael Burrage said: There is no evidence to suggest that the Single Market as a whole has been a magnet to foreign investors, or that it has encouraged FDI in the UK specifically. Many non-members have attracted more FDI.
Posted on: Sat, 28 Jun 2014 01:40:20 +0000
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