Cardiff will head into 2026 in a stronger position than this time last year to create jobs and attract foreign investment (FDI), according to the latest study from law firm Irwin Mitchell and the Centre for Economics and Business Research (Cebr).
The Investment Attractiveness Index compares 48 UK cities and offers a comprehensive view of where investment opportunities are emerging and where challenges persist.
Cardiff has recorded an overall score of 38.9, securing 13th place among UK cities. The latest Irwin Mitchell report attributes this rise primarily to improving qualification levels, which continue to enhance the city’s competitiveness and talent base.
Although forecasts for GVA and employment have eased slightly compared to previous projections, it says that Cardiff has remained resilient and despite a six-place drop in the growth potential ranking, the city still holds a strong position at 11th.
Bryan Bletso, Head of International at Irwin Mitchell, said: “Cardiff is showing further progress this year. Its strengths in public sector research and creative industries are creating real opportunities for growth and attracting attention from overseas investors. With continued focus on skills and innovation, Cardiff can build on this success and go even further.”
The report also sets out policy recommendations for the UK as a whole, including deepening workforce skills and research collaboration, spreading London’s advantages across the UK through infrastructure and devolved investment tools, and prioritising policy stability and strong trade relationships to maintain the UK’s global competitiveness.
