Foreign direct investment (FDI) by UK businesses in 2008 increased by £123.2bn to over a trillion for the first time. The International Investment Position was £1039.5bn at the end of 2008. Earnings from FDI totalled £73.3bn in 2008 nearly £21bn lower than 2007 and the lowest since 2004. Inward investment in 2008 was £43.4bn the lowest since 2004. Earnings of foreign companies in the UK fell by £39.4bn to £5.8bn in 2008, the lowest since 1991. Outward investment in 2008 was £85.8bn well down by £73.4bn on 2007 total of £159.1bn.
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