Business
UK is SECOND most attractive country for investment according to CEOs
Booming Britain is the world’s second-favourite place to place to invest – just behind the USA – according to a survey of global business leaders.
Around 14 per cent of the near-5,000 corporate bosses surveyed by PwC say they expect the UK to receive the most international investment in the next year.
The survey, published as the World Economic Forum gets underway in Davos, will be a boon to Chancellor Rachel Reeves after criticism of her Autumn Budget and higher-than-expected inflation.
Experts believe that the UK’s relative stability amid global economic uncertainty makes it a favourite for additional investment – and comes ahead of an expected cut in interest rates by the Bank of England amid rising wages.
Britain’s second-place ranking in the PwC CEO Survey is its best since the poll began 28 years ago, and is two places up from fourth last year.
It came second to the US (30 per cent) – and ahead of Germany, China and India (12, nine and seven per cent respectively).
The results suggest Britain is in a prime spot for an influx of investment as competing nations face growing economic crises.
Germany is in the midst of a years-long recession, while China is battling uncertainty after the EU slapped import tariffs on cars while Donald Trumpmulls over tough taxes for Chinese goods.

Britain has been named the second best place to invest this year in a poll of 5,000 CEOs from 109 countries

The survey has been welcomed by Chancellor Rachel Reeves, who said it was proof CEOs were ‘backing Britain’ under Labour
And 61 per cent of British CEOs say the country is in line for economic growth – up from just 39 per cent last year.
Experts speaking to MailOnline say there are a number of reasons Britain may attract investment from abroad, including in property, where prices are steady amid an ongoing housing shortage.
Jonathan Gordon, director of wealth at property investment firm IP Global, said: ‘In the context of property, the UK offers much needed stability to global investors.
‘This is not just applicable to London, but up and coming markets like Manchester and Birmingham have shown resilience in the face of global turmoil due to a constant flow of demand.’
Responding to the survey, the Chancellor said: ‘These latest results show global CEOs are backing Britain and the UK is one of the most attractive destinations for international investment.
‘And it’s this investment that will help drive economic growth and improve living standards across the UK.’
Marco Amitrano, senior partner at PwC UK, said: ‘Our CEO survey findings are a vote of confidence in the UK as a place for business and investment.
‘The UK’s relative stability at a time of instability should not be underestimated, nor should its strength in key sectors including technology.
‘However, there is no room for complacency.’

The Bank of England (pictured) is expected to announce a cut in interest rates next month amid wage growth in the private sector – a boon for business
There are concerns the UK’s economy is stalling after official figures showed it grew just 0.1 per cent in November, and a run on UK Government bonds, known as gilts.
The survey data suggests more than half of UK CEOs plan to increase the size of their workforce this year – even as the Chancellor imposes hikes in national insurance and a cut in the threshold at which NI is paid from April.
Interest rates are set to be cut next month after wages rose 5.6 per cent in the three months to November, up from 5.2 per cent the previous three months.
But British bosses are also slightly less positive about the future of their own firms than they were before Labour came in – with confidence dropping from 61 per cent in 2024 to 57 per cent now.
David Belle, a broker and founder of Fink Money, has warned that the UK’s weak pound means investors may simply be using Britain to do business on the cheap before taking their money elsewhere.
‘With a weaker sterling and almost zero demand from UK citizens to own shares in UK companies, there is no bid keeping share prices higher like there is in the US, Canada and Australia,’ he told MailOnline.
‘So any foreign investor is going to see the UK as a place where they can buy assets cheap relative to future cash flows.
‘It’s a sleight of hand to hail this as a UK win. In reality, it’s the opposite.’
Rachel Reeves is travelling to the World Economic Forum in Davos this week, where she will urge company bosses to invest in the UK – likely boosted by the survey results and an upgrade of Britain’s forecasted growth by the IMF.
The international body believes Britain will see a 1.6 per cent expansion this year – slightly up from the 1.5 per cent it pencilled in last October.
‘The time to invest in Britain is now,’ she said in a statement.
She had last been seen gallivanting in China to secure £600million of investment – criticised as a meagre amount in a country with a nominal GDP of $18.5trillion –
But Ray Dalio, billionaire founder of hedge fund Bridgewater, told the Financial Times that the UK could be heading for a debt ‘death spiral’ in which it has to borrow more to cover its rising interest costs.
Business
Boris Johnson Says He Feels “Perfectly Safe” in Nigeria, Praises Imo State’s Progress
Former British Prime Minister Boris Johnson has expressed confidence in Nigeria’s security, saying he feels perfectly safe during his visit to the country. His remarks come amid ongoing reports of insecurity in various parts of Nigeria, making his statement a notable endorsement of the nation’s stability in certain regions.
Johnson made the declaration on Thursday, December 4, 2025, while addressing participants at the Imo State Economic Summit 2025 in Owerri, the state capital. He acknowledged having read travel advisories and news reports highlighting security concerns prior to his trip but said his experience has been reassuring.
He said he feels perfectly safe in the country and emphasized that the summit environment and local hospitality contributed to his sense of security. He also asked the audience if they felt safe, receiving an enthusiastic affirmation.
During his visit, Johnson commended Governor Hope Uzodimma and the Imo State Government for their development initiatives, particularly efforts to provide 24-hour electricity. He highlighted the potential of Nigeria as a hub for innovation and economic growth, noting the opportunities presented by emerging technologies such as artificial intelligence.
While his statements have been welcomed by some as a boost to international confidence in Nigeria, analysts caution that the former prime minister’s experience reflects only a controlled and secure environment within Imo State. Several parts of the country continue to face challenges, including banditry, communal conflicts, and kidnappings.
Nonetheless, Johnson’s visit and remarks are significant, sending a positive message to investors and global observers about Nigeria’s potential for stability and progress. They also underscore the contrast between localized experiences of safety and broader security challenges across the country.
Business
Dangote to Uzodimma: Just show me where to invest
By Emmanuel Iheaka, OWERRI
The President of Dangote Group, Aliko Dangote has assured Governor Hope Uzodimma of Imo State that his group will be one of the biggest investors in the state.
Dangote gave the assurance at the opening session of the Imo Economic Summit 2025 in Owerri on Thursday.
The renowned Africa’s industrialist urged Uzodimma to indicate his preferred area of investment and forget the rest.
Dangote described the Imo governor as a personal friend of decades and commended him for providing enabling environment for investment.
“We will be one of your biggest investors in Imo. So, please tell me the area to invest and we will invest”, Dangote declared.
He called on entrepreneurs to always invest at home, adding that foreigners cannot drive the economy of any nation more than the nationals.
“What attracts foreign investors is a domestic investor. Africa has about 30 percent of the world’s minerals. We are blessed,” he submitted.
Dangote reiterated that his refinery was set to launch 1.4 million barrels per day capacity, the highest for any single refinery in the world.
Business
Fabergé egg given as Easter gift to mother of Russia’s last emperor sells for record £22.9m
A diamond-encrusted Fabergé egg that Russia‘s last emperor gave to his mother as an Easter gift has sold for nearly £23million.
Tsar Nicholas II gifted the Winter Egg to Dowager Empress Maria Feodorovna in 1913, five years before he was murdered along with his wife and children after the Russian Revolution.

Tsar Nicholas II

Dowager Empress Maria Feodorovna
The egg went under the hammer at Londonauction house Christie’s yesterday.
An unnamed buyer stumped up £22,895,000, smashing the previous global record of £8.9million that was set in 2007 when the famous Rothschild Egg was sold.
Carved from delicate rock crystal, the Winter Egg is an icy-looking orb studded with around 4,500 rose-cut diamonds, and stands at only five-and-a-half inches (14 centimetres) tall.
Carl Fabergé, the master jeweller whose creations bedazzled Russia, created 50 Imperial Easter Eggs for the then-ruling Romanov family over a 31-year period, making them incredibly rare and valuable.
They were commissioned as Easter gifts in a tradition started by Tsar Alexander III in the 1880s.
Nicholas II, Alexander’s son, had an annual standing order for two Easter eggs to be made for his mother and his wife, until the fall of the Romanovs in the 1917 Russian Revolution.

A diamond-encrusted Fabergé egg that Russia ‘s last emperor gave to his mother as an Easter gift has sold for nearly £23million
Today, only 43 of the Imperial Easter Eggs remain, with seven missing.
The ‘exquisite’ Winter Egg had a pre-sale estimate of more than £20million.
Christie’s Margo Oganesian said: ‘Today’s result sets a new world auction record for a work by Faberge, reaffirming the enduring significance of this masterpiece.’
She added the sale celebrated ‘the rarity and brilliance of what is widely regarded as one of Faberge’s finest creations, both technically and artistically’.
The imperial eggs have enjoyed renewed interest on the art market in recent decades, mainly among wealthy Russians keen to acquire a piece of their country’s history.
Beyond its opulence, it is the ‘technique and craftsmanship’ that makes the Winter Egg exceptional, according to Ms Oganesian.
‘The Winter Egg is truly one of the rarest items that you can find,’ she explained. ‘It’s really hard to comprehend how Faberge created it.’
The egg and its base are sculpted from crystal featuring diamond-encrusted platinum snowflakes.

Carved from delicate rock crystal, the Winter Egg is an icy-looking orb studded with around 4,500 rose-cut diamonds, and stands at only five-and-a-half inches (14 centimetres) tall. Inside, it contains a bouquet of flowers made of white quartz anemones held by gold wire stems, gathered in a platinum basket

The egg and its base are sculpted from crystal featuring diamond-encrusted platinum snowflakes

Tsar Nicholas and his wife, Empress Alexandra, with their five children. They were all murdered in 1918
Inside, it contains a bouquet of flowers made of white quartz anemones held by gold wire stems, gathered in a platinum basket.
Like many other Romanov possessions, the egg bears witness to Russian history. It was transferred from Saint Petersburg to Moscow in 1920 after the revolution.
As with many other Imperial Eggs, it was sold by the Soviet government to generate foreign currency and was acquired by London jeweller Wartski between 1929 and 1933, according to Christie’s.
The Winter Egg was subsequently part of several British collections but was considered lost from 1975, the auction house said in an essay attached to the sale lot online.
‘For 20 years, experts and specialists lost sight of it until 1994, when it was rediscovered and brought to Christie’s for sale in Geneva,’ said Ms Oganesian.
Eight years later, in 2002, it was sold again for a record $9.6 million in New York.
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