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registered interest false more like this
date less than 2020-06-09more like thismore than 2020-06-09
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade more like this
hansard heading Foreign Investment in UK more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Trade, what assessment he has made of the effect of funding allocated to UK Trade and Investment on the level of foreign direct investment in (a) the UK, (b) Scotland and (c) Linlithgow and East Falkirk constituency since 2015. more like this
tabling member constituency Linlithgow and East Falkirk remove filter
tabling member printed
Martyn Day more like this
uin 57287 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>According to UNCTAD’s World Investment Report 2020, the UK’s level of FDI stock was over $2 trillion in 2019. This is more than France and Germany combined.</p><p> </p><p>With respect to Scotland, support for Foreign Direct Investment (FDI) is a joint responsibility of both DIT and the Scottish Government. The FDI results for Scotland reflect their joint efforts.</p><p> </p><p>In the most recent figures, for the financial year 2018/19, the total recorded number of FDI projects in the UK was 1,782, with 57,625 associated new jobs. DIT supported 81% of those projects accounting for 51,863 jobs. In the same period, 126 projects were recorded in Scotland, with 3,346 new jobs created as a result. DIT recognises the value that more granular data breakdown could provide but does not currently have the ability to report beyond UK regional level.</p><p> </p><p>Further historical data for recorded FDI projects can be seen below:</p><table><tbody><tr><td><p><strong>Measure</strong></p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td><p>UK FDI Projects</p></td><td><p><strong>2,213</strong></p></td><td><p><strong>2,265</strong></p></td><td><p><strong>2,072</strong></p></td><td><p><strong>1,782</strong></p></td></tr><tr><td><p>Scotland FDI Projects</p></td><td><p>108</p></td><td><p>183</p></td><td><p>141</p></td><td><p>126</p></td></tr><tr><td><p>UK total jobs</p></td><td><p><strong>115,974</strong></p></td><td><p><strong>107, 898</strong></p></td><td><p><strong>91,031</strong></p></td><td><p><strong>64,623</strong></p></td></tr><tr><td><p>Scotland total jobs</p></td><td><p>5,905</p></td><td><p>8,597</p></td><td><p>9,287</p></td><td><p>4,469</p></td></tr></tbody></table>
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart remove filter
question first answered
less than 2020-06-17T16:56:59.077Zmore like thismore than 2020-06-17T16:56:59.077Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4488
label Biography information for Martyn Day more like this