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The city of Brighton and Hove attracts the most foreign investment outside of London, a new report has found. Research by law firm Irwin Mitchell and the Centre for Economic and Business Research (Cebr) ranked 50 UK locations across three categories: local skills, infrastructure and growth potential – and while the top three locations were regions of London, Brighton was ranked in fourth place .

The report identified Brighton and Hove as a prosperous hub for the digital, creative and media industries as well as environmental and health-related businesses.

It also highlighted recent examples of international investment in the coastal city, such as the Lithuanian fintech business Paystrax UAB setting up a UK subsidiary with an office in Brighton, US-based Hi Rez Studios establishing a new mobile games development team in the city, and France’s Capgemini opening a new digital delivery hub for HMRC.