European investors are taking major bets on the UK economy, more than doubling investment in Britain over the past three years.
Uncertainty around Brexit has not stopped companies on the continent from embarking on a major deal spree in the UK, indicating faith in the economy’s long-term prospects among foreign money managers.
Buyers in the EU have snapped up 553 UK assets through mergers and acquisitions and private placements in the past year, according to S&P Capital IQ data.
Purchases of companies, property and stakes in fast-growing firms totalled $31.1bn over the past 12 months.
