'Europe-based businesses may see greater investment returns'

UK emigrants who transfer money to assets in France and Germany may start to see a greater return on their investments, new research indicates.

Figures from economy monitor Eurostat recently revealed that the countries emerged from the recession in the second quarter.

Both regions showed a Gross Domestic Product (GDP) increase of 0.3 per cent, as compared with a fall in GDP of 0.8 per cent in the UK.

The research indicates that Britons who make international payments to fund their overseas businesses are better-place to deal with the credit crisis.

Iain Begg, professor from the London School of Economics, explained that France and Germany are benefiting from government policies that are designed to stimulate their economies.

"They have tipped over into positive growth," he said.

"It is still encouraging and I suspect will have quite a positive psychological impact on German consumers."

Elsewhere, figures from the US's labor department reveals that unemployment fell in the country last month, which may have a positive impact on UK emigrants living in the region.

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By Linsey Summers