Bad news is that UK has lost top position for FDI to France- meant to be the noncompetitive face of the EU. 

Good news is that UK outstrips the combination of Germany and France for Digital FDI. And digital acceleration and transformation is the cornerstone of innovation, competitive advantage and growth.

The sting in the tail however is that the investment is concentrated in London, The South East and then certain city/urban areas.

The areas of the UK that lost out to globalisation might loose out again. 

"It would be nice to think, too, that the crisis has ushered in a new era for Wakefield, Wigan and West Bromwich. We have, however, to be realistic. Levelling up was always a huge challenge. Now it is even more of an uphill task".

David Smith May 31st 2020