The UK has been ranked as the number one country to do business in by Forbes’ Best Countries for Business 2018.
The news comes after a turbulent year for the UK, including a snap election and the Brexit vote.
In its assessment of more than 150 countries, Forbes said the UK economy as a whole “has held up relatively well”.
The UK ranks among the top 25 countries in all of the metrics tracked, apart from political risk, in which it ranked 28th out of 153.
Property rights, innovation, taxes, technology, corruption, freedom, red tape, and investor protection were also factors taken into consideration.
The publication highlights on strong inward investment, with large conglomerates, including the likes of Wells Fargo, Apple, and Facebook, investing billions of pounds in London.
It has also been ranked as the fourth best country to do business in when it comes to technology, and third in terms of the size and education of its workforce.
New Zealand, the Netherlands, and Sweden took spots two, three, and four, while the United States scored 12th.
Commenting on the report, Jeff Lessard, of property consultants Cushman & Wakefield, said the UK’s high rate of investment signals a “belief across industries in the long-term strength of the UK economy”.
“The best thing going for the U.K. is that London is one of three global hubs for financial services,” he added.