There were several media reports on Ernst & Young’s annual survey that London remains Europe’s top choice for foreign investment.

London attracted 262 foreign investment projects last year making it top City in Europe for 11th year in a row. However, this was 14% down on 2007.

The UK was also Europe’s leading country for foreign firms for the seventh successive year. The UK attracted 686 total investments from overseas last year, down 4% on 2007.

The largest investor was the US – with 263 projects, followed by India.