Dundee has been named in a list of the UK’s top cities for investment.
It joins Edinburgh, Glasgow, Aberdeen and Livingston in the top 20 of the Ernst & Young business survey.
Experts at the top accountancy firm found that foreign investment in Scotland outpaced the rest of the UK and Europe last year.
Scotland attracted 122 inward investment projects, up 14% from 2020.
The company says Scotland is one of the UK’s top locations for foreign investment according to their latest Scotland Attractiveness Survey.
Scotland’s share of projects in the UK sits at 12.3%, its highest level in the last decade.
London remains the most popular location in the UK for direct investment.
Ernst & Young pointed to Scotland’s strength in high-value, high-growth industries like digital and utilities as a sign for future optimism.
Ernst & Young Scotland Managing Partner, Ally Scott, said: “The past year has seen Scotland continue to make great strides as a destination for FDI, meaning it can look to the future with even greater confidence.
“Scotland’s record levels of attractiveness underline that our second-placed UK ranking for FDI flow is matched and underpinned by investors’ rising perceptions.
“Our findings suggest the outlook for Scotland’s FDI is exceptionally bright.”
And he added: “But having fared well through Brexit and the pandemic, keeping that momentum will require ongoing commitment and hard work in the face of historically high inflation, the rising cost of living and wider geopolitical risks.”
**Don't miss the latest headlines from around Dundee and Tayside. Sign up to our newsletters here
And did you know Dundee Live is on Facebook? Head over to our page to give us a like and a share
