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1307849

	registered interest
	date	12/04/2021
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, whether officials in her Department will continue to work with representatives of the employee relocation sector to maximise opportunities to attract inward investment by exploring options to give the UK a competitive advantage over other prospective destinations; and if she will make a statement.
	tabling member constituency	Buckingham
	tabling member printed	Greg Smith
	uin	179595
	answer	answer is ministerial correction date of answer 20/04/2021 answer text <p>The employee relocation sector has an important role to play in supporting inward investment into the United Kingdom. My officials will continue to engage with it.</p><p> </p><p>The UK is one of the most open economies and one of the foremost destinations for inward investment in the world. In 2019/20 the Department for International Trade provided support for 1,449 Foreign Direct Investment projects, creating almost 45,000 new jobs and safeguarding a further 8,000. We also recently launched a new points-based, single global immigration system to attract a wide pool of skilled workers; this will allow a fairer, skills-led system, and a process that is simpler and quicker for employers.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 20/04/2021 15:30:24 answering member 1482 label Biography information for Graham Stuart
	tabling member	4778 label Biography information for Greg Smith

1250852

	registered interest
	date	11/11/2020
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, what comparative assessment she has made of the level of inward investment into (a) the UK and (b) other European countries.
	tabling member constituency	Arundel and South Downs
	tabling member printed	Andrew Griffith
	uin	114357
	answer	answer is ministerial correction date of answer 19/11/2020 answer text <p>Latest ONS figures report that the UK’s inward Foreign Direct Investment (FDI) stock reached £1.5 trillion in 2018, a new record. According to UNCTAD, the UK held the 2nd highest FDI stock in the world in 2019, after the USA.</p><p>The Financial Times FDI Report found that the UK hosted more greenfield FDI projects than any other European country in 2019, with 1,271 landed ahead of Germany at 702 and Spain with 658.</p><p> </p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 19/11/2020 11:51:52 answering member 1482 label Biography information for Graham Stuart
	tabling member	4874 label Biography information for Andrew Griffith

1204204

	registered interest
	date	16/06/2020
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	2
	legislature	25277 pref label House of Lords
	question text	Her Majesty's Government what assessment they have made of the most recent inward investment statistics.
	tabling member printed	Baroness Ritchie of Downpatrick
	uin	HL5803
	answer	answer is ministerial correction date of answer 23/06/2020 answer text <p>Two major FDI publication have recently been published, reflecting on European investment performance in 2019. The Financial Times’ FDI Report 2020 placed the UK top in Europe, with 1,271 recorded FDI projects – more than Germany and France combined (702 and 500 respectively). This gave the UK an overall market share of 20% in Europe.</p><p> </p><p>The EY UK Attractiveness Survey 2020 shows a different picture with the UK receiving fewer projects than France (1,109 to 1,197), therefore conceding the top spot in Europe. Despite the EY report recording an increase for the UK’s FDI project numbers, France saw a greater increase (5% compared to 16%).</p><p> </p><p>According to UNCTAD’s WIR 2020, the UK remains the top destination in Europe for attracting foreign direct investment with the highest inward FDI stock in Europe, and has improved its position to being the second highest inward FDI stock in the world, behind the US. The UK’s FDI stock of $ 2 trillion has risen by 10% compared to 2018 and almost doubled from its 2010 levels.</p><p> </p> answering member printed Lord Grimstone of Boscobel question first answered 23/06/2020 13:59:41 answering member 4876 label Biography information for Lord Grimstone of Boscobel
	tabling member	4130 label Biography information for Baroness Ritchie of Downpatrick

1201696

	registered interest
	date	09/06/2020
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	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.
	tabling member constituency	Linlithgow and East Falkirk
	tabling member printed	Martyn Day
	uin	57287
	answer	answer is ministerial correction date of answer 17/06/2020 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 answering member printed Graham Stuart question first answered 17/06/2020 16:56:59 answering member 1482 label Biography information for Graham Stuart
	tabling member	4488 label Biography information for Martyn Day

1156171

	registered interest
	date	24/10/2019
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, which Departments she has directed to be responsible for attracting foreign direct investment.
	tabling member constituency	Mid Sussex
	tabling member printed	Sir Nicholas Soames
	uin	4907
	answer	answer is ministerial correction date of answer 29/10/2019 answer text <p>As outlined in the Explanatory Note accompanying the Prime Minister’s Written Ministerial Statement on Machinery of Government changes laid on 18 July 2016, the Department for International Trade is responsible for ‘both inward and outward investment enabling the Government to take a more strategic approach to how both can contribute to UK prosperity and serve the nation’s long-term economic aims’.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 29/10/2019 10:14:03 answering member 1482 label Biography information for Graham Stuart
	tabling member	116 label Biography information for Lord Soames of Fletching

1148119

	registered interest
	date	03/10/2019
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, what guidance his Department issues to foreign companies planning to invest in the UK.
	tabling member constituency	Strangford
	tabling member printed	Jim Shannon
	uin	294168
	answer	answer is ministerial correction date of answer 08/10/2019 answer text <p>The Department for International Trade (DIT) plays a critical role in promoting the UK as the natural choice for overseas investment. The Department provides support to inward investors who wish to set up in the UK.</p><p> </p><p>These services range from providing information, guidance and support on the UK business environment, to access to finance, talent and skills, visas and migration, research and innovation, and sector experts.</p><p> </p><p>DIT also provides an end-to-end service for investors, through initiatives such as the Strategic Relationship Management Programme, both in the UK and overseas, working with colleagues across government, in London, UK regions and Devolved Administrations. This suite of services helps investors prosper and succeed, which in turn leads them to reinvest further in the UK. The UK has the highest stock of FDI of any nation in Europe.</p><p> </p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 08/10/2019 16:13:00 answering member 1482 label Biography information for Graham Stuart
	tabling member	4131 label Biography information for Jim Shannon

1139796

	registered interest
	date	17/07/2019
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, what steps he is taking to protect foreign investment in the UK ahead of the the UK leaving the EU on 31 October 2019.
	tabling member constituency	Wansbeck
	tabling member printed	Ian Lavery
	uin	278506
	answer	answer is ministerial correction date of answer 22/07/2019 answer text <p>The Department for International Trade (DIT) is leading on Government’s shared intent to safeguard the UK’s position as a world-leading destination for Foreign Direct Investment (FDI).</p><p> </p><p>The UK continues to have many strengths that attract investors: an open, liberal economy, world-class talent and a business-friendly environment. The most recent data from the United Nations Conference on Trade and Development (UNCTAD) ranked the UK as third globally for FDI in 2018—and the number one destination in Europe, ahead of Germany.</p><p> </p><p>DIT is supporting investment into UK communities by targeting promotional support towards projects with the greatest potential to maximise national wealth and value for investors. We also remain committed to ensuring that the UK continues to be a competitive destination for foreign investment—and are working with Government colleagues to develop policies to improve the UK business environment and ensure the UK continues to be one of the most attractive places in which to work and invest.</p><p> </p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 22/07/2019 15:22:31 answering member 1482 label Biography information for Graham Stuart
	tabling member	4139 label Biography information for Ian Lavery

1130857

	registered interest
	date	10/06/2019
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what steps they are taking to help attract foreign direct investment into the UK after Brexit.
	tabling member printed	Lord Taylor of Warwick
	uin	HL16224
	answer	answer is ministerial correction date of answer 24/06/2019 answer text <p>The Department for International Trade promotes the UK as a foreign direct investment (FDI) destination across our entire global network, with dedicated specialist support for investors across the world. We will continue to demonstrate the UK’s strengths, including an open, liberal economy, a business-friendly environment and a world-class talent.</p> answering member printed Viscount Younger of Leckie question first answered 24/06/2019 15:51:10 answering member 4169 label Biography information for Viscount Younger of Leckie
	tabling member	1796 label Biography information for Lord Taylor of Warwick

1086495

	registered interest
	date	11/03/2019
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for International Trade, what assessment he has made of recent trends in the level of international investment in the UK.
	tabling member constituency	New Forest West
	tabling member printed	Sir Desmond Swayne
	uin	230604
	answer	answer is ministerial correction date of answer 19/03/2019 answer text <p>The UK retains the top position in Europe across, FDI projects, new jobs and greenfield capital expenditure.</p><p> </p><p>The Department annually publishes its FDI performance as Official Statistics and has published one of the most comprehensive analyses of the economic impact of FDI in the world.</p><p> </p><p>The links to each publication are as follows:</p><p><a href="https://www.gov.uk/government/statistics/department-for-international-trade-inward-investment-results-2017-to-2018" target="_blank">https://www.gov.uk/government/statistics/department-for-international-trade-inward-investment-results-2017-to-2018</a>,</p><p> </p><p><a href="https://www.gov.uk/government/publications/estimating-the-economic-impact-of-fdi-to-support-dits-promotion-strategy-analytical-report" target="_blank">https://www.gov.uk/government/publications/estimating-the-economic-impact-of-fdi-to-support-dits-promotion-strategy-analytical-report</a></p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 19/03/2019 16:48:24 answering member 1482 label Biography information for Graham Stuart
	tabling member	55 label Biography information for Sir Desmond Swayne

1088611

	registered interest
	date	14/03/2019
	answering body	Department for International Trade
	answering dept id	202
	answering dept short name	International Trade
	answering dept sort name	International Trade
	hansard heading	Foreign Investment in UK
	house id	1
	legislature	25259 pref label House of Commons
	question text	What recent assessment he has made of trends in the level of inward foreign direct investment.
	tabling member constituency	Monmouth
	tabling member printed	David T. C. Davies
	uin	909812
	answer	answer is ministerial correction date of answer 14/03/2019 answer text <p>With your permission Mr Speaker I will answer question 10 together with questions 13. The UK remains the top destination in Europe, and third in the world for foreign direct investment.  By the end of 2017, UK inward FDI stock levels reached <strong>£1,337bn</strong>, a record for the UK.</p><p> </p><p>In addition to publishing annual analysis of DIT’s FDI performance as Official Statistics, we recently published one of the most comprehensive analyses of the economic impact of FDI in the world, highlighting the benefits of FDI to the UK.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 14/03/2019 14:49:55 answering member 1482 label Biography information for Graham Stuart
	tabling member	1545 label Biography information for David T C Davies