Mark and Focus analysis
Scotland’s Inward-Investment Record Raises the Test of Durable Delivery
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Scotland retained its leading UK position outside London for inward investment, with delivery now measured through operating projects, jobs and sector capability.
Scotland remains the leading UK destination outside London for foreign direct investment projects, according to the 2026 EY attractiveness survey. Investor interest has also reached a record level. The result strengthens Scotland’s investment proposition, but its economic value still depends on projects becoming operating businesses, durable jobs and deeper sector capability.
Scotland’s Eleventh Year as the Leading UK Destination Outside London
The Scottish Government reported the survey results on June 23, 2026. Scotland held its position as the top UK destination outside London for an eleventh consecutive year. One in three businesses planning to invest in the United Kingdom were considering Scotland, up from 27 percent in 2024.
Investors cited a highly skilled workforce, strong infrastructure and the wider business environment among Scotland’s advantages. Scottish Enterprise also described a shift toward higher-value projects in energy transition, digital technology and advanced manufacturing. These signals concern attractiveness and project direction rather than a complete measure of later economic performance.
How Investor Interest Becomes an Operating Project
Inward-investment institutions build relationships with prospective investors, present locations and capabilities, and coordinate support needed to establish projects. The Scottish Government sets the policy environment, while Scottish Enterprise and other development bodies work with companies on specific opportunities. Infrastructure, skills and regulatory conditions influence whether investor interest becomes a committed project.
The Gartcosh facility of Guala Closures provides an example of that conversion. The company’s investment in a new plant received £3.3 million in support from Scottish Enterprise and is reported to safeguard more than 350 jobs. The example does not represent every inward-investment project, but it shows the connection between an international company’s location decision, public support and an operating industrial facility.
Higher-value sectors add another delivery requirement. Energy-transition, digital and advanced-manufacturing projects need specialized skills, suitable sites, supply chains and dependable infrastructure. Winning a project is therefore one stage in a longer process. Economic-development bodies must also help connect the investment with local workers, suppliers and sector growth.
Measuring Jobs and Sector Capability After Investment
Scotland’s record investor consideration gives its institutions a strong pipeline opportunity. It also raises the standard by which performance should be judged. Interest can change with global conditions, while announced projects can vary greatly in scale, quality and local effect. A durable investment strategy needs evidence beyond rankings alone.
Useful measures include projects that proceed, jobs created or safeguarded, capital deployed and links formed with Scottish supply chains. Sector development matters where an investment strengthens skills or production capability that other businesses can use. These outcomes should remain separate from investor sentiment, even though sentiment helps create the opportunity for them.
The 2026 survey demonstrates sustained competitiveness in attracting attention and projects. Scotland’s next test is to convert that position into operating investments whose employment and sector effects persist. That requires coordinated work across government, development agencies, infrastructure providers, employers and skills institutions after a location decision is made.
Take-Out
The Scottish Government and Scottish Enterprise must measure inward-investment success through operating projects, durable employment and stronger sector capability.