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City of London

London Beats Dubai as Top City for Foreign Investment in Finance

  • U.K. capital attracted 114 projects in 2021, most of any city
  • Value of this foreign investment was about $764 million
Skyscrapers in the City of London.

Skyscrapers in the City of London.

Photographer: Jason Alden/Bloomberg

London attracted more foreign investment in finance firms than any other city last year, underlining the Square Mile’s attraction to investors even after the U.K.’s departure from the European Union. 

The U.K. capital attracted 600 million pounds ($764 million) of investment into 114 financial and professional services projects in 2021, according to a report published by the City of London Corporation on Tuesday. That puts it ahead of the likes of Dubai, Singapore, New York and Paris.