From left to right, Jaime Guardiola, Simon Manley and Christopher Dottie. /Photo: Banco Sabadell
The Diplomat. 05/12/2016
The United Kingdom is the third country as regards direct investment in Spain, generating with that more than 160,000 jobs, and 67% of the British companies established in Spain maintain their investment plan in our country for 2017, despite the Brexit.
These are some of the conclusions of the Barometer on climate and prospects of the British investment in Spain and Catalonia, which was presented on 30 November by the United Kingdom’s Ambassador to Spain, Simon Manley, at the headquarters of Banco Sabadell.
The presentation took place at the Banco Sabadell Tower of Barcelona, where the managing director of Banco Sabadell, Jaime Guardiola, received Ambassador Manley and the president of the British Chamber of Commerce in Spain, Christopher Dottie.
During the event, Guardiola remembered that Banco Sabadell was the first Spanish financial entity to open a representation office in London, almost 40 years ago, and informed that 25% of the British people residing in Spain are clients of the Catalan entity.
[hr style=”single”]
Manley presents, at the headquarters of Banco Sabadell, the Barometer on British investment in Spain and Catalonia
[hr style=”single”]
The Barometer, presented by the British Chamber in Barcelona and elaborated by International Financial Analysts (AFI in its Spanish acronym), also reveals that the volume of British investment in Catalonia has increased again after three years of falls.
British companies have invested close to 546 million euros in the last two years and a half in Catalonia, which places this community on the third position of Spain’s total ranking regarding the ability to attract projects from the islands.
In September, Banco Sabadell and the British Chamber of Commerce in Spain signed a collaboration agreement with the intention of promoting business and investment between British and Spanish companies.