BritishAmerican Business (BAB), in partnership with Bain & Company, has produced the first edition of the Transatlantic Confidence Index, measuring the confidence of U.S. companies active in the UK.
Join us for this virtual roundtable to discuss the themes and findings of the survey, ahead of a landmark moment for foreign investment in the UK, the Global Investment Summit.
Respondents rated overall confidence in the UK a 7.8 on a 10-point scale and identified the country’s most important assets such as the stable and predictable regulatory environment, its openness when attracting talent from abroad, and its strong academic and R&D records.
Among the key findings of the survey that will be discussed:
- About one-third of respondents rated their confidence at level 9 or 10
- About 60% of respondents plan to increase their investment in the UK over the next two to three years
- Nearly 40% of all surveyed companies said the UK’s number one priority should be improving the political and economic relationship with the EU if they want the UK to maintain its top ranking as a destination for U.S. investment
- Almost 80% of respondents reported a confidence score for the UK-EU relationship of 6 or lower, compared with only 20% for the UK-US relationship
- Only 17% of all U.S. companies surveyed reported relocating jobs to the EU so far.