Britain has become the second most favoured destination for investment after the US, according to accountant PWC, overtaking Germany, China and India.
In a survey of 500 chief executives released ahead of the Davos economic forum, Britain was tipped to receive 14% of international investment compared to 12% for Germany, 9% for China and 7% for India.
The US was miles out in front, with the CEOs tipping it to receive 30% of the investment pot.
In another boost to embattled Chancellor Rachel Reeves (pictured), 61% of home-based chief execs said they were optimistic about prospects for the country, against 31% a year earlier.
Marco Amitrano, senior partner of 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.'
PwC surveyed around 4,700 chief executives from 109 countries between October and November.