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answering dept short name	Science%2C Innovation and Technology
answer › question first answered	2024-04-23T10:50:47.947Z
tabling member constituency	Newcastle upon Tyne Central

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1700985

registered interest

date

15/04/2024

answering body

Department for Science, Innovation and Technology

answering dept id

216

answering dept short name

Science, Innovation and Technology

answering dept sort name

Science, Innovation and Technology

hansard heading

Research: Foreign Investment in UK

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Science, Innovation and Technology, which Department is responsible for foreign direct investment into research and development in the UK.

tabling member constituency

Newcastle upon Tyne Central

tabling member printed

Chi Onwurah

uin

21659

answer

is ministerial correction

date of answer

23/04/2024

answer text

The Department for Business and Trade (DBT) is responsible for the promotion and facilitation for foreign direct investment (FDI). DSIT works closely with DBT to promote global collaboration and investment opportunities in R&D. FDI is a key source of R&D funding, accounting for 14% of UK R&D investment. Our collaborative approach resulted in the successful 2023 Global Investment Summit, securing over £29 billion, including investments in AI, life sciences and quantum.

answering member constituency

Arundel and South Downs

answering member printed

Andrew Griffith

question first answered

23/04/2024 10:50:47

answering member

4874

label	Biography information for Andrew Griffith

tabling member

4124

label	Biography information for Chi Onwurah