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1088609

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	Southend West
tabling member printed	Sir David Amess
uin	909808
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 14:48:50 answering member 1482 label Biography information for Graham Stuart
tabling member	44 label Biography information for Sir David Amess

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

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

1082325

registered interest
date	05/03/2019
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 steps he is taking to increase the level of foreign direct investment into (a) Belfast and (b) the rest of the UK.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	228744
answer	answer is ministerial correction date of answer 12/03/2019 answer text <p>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 has 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 2017—and the number one destination in Europe, ahead of Germany.</p><p> </p><p>DIT is supporting investment into local communities by targeting promotional support towards projects with the greatest potential to maximise national wealth and value for money. As part of this approach, DIT is working with local partners to systematically identify emerging clusters, sub-sectors, supply chain gaps or other ‘High Potential Opportunities’ where lack of market information is leading to structural under-investment. This programme includes opportunities to strengthen the aerospace and advanced engineering sector in Northern Ireland.</p> answering member constituency Meon Valley answering member printed George Hollingbery question first answered 12/03/2019 11:38:43 answering member 4016 label Biography information for Sir George Hollingbery
tabling member	4131 label Biography information for Jim Shannon

1017071

registered interest
date	28/11/2018
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 plans they have, if any, to implement a long-term strategy to help attract foreign direct investment in UK small towns.
tabling member printed	Lord Taylor of Warwick
uin	HL11916
answer	answer is ministerial correction date of answer 12/12/2018 answer text <p>The Department for International Trade (DIT) has no Foreign Direct Investment strategy specifically for small towns. However, as part of the Department’s FDI Strategy, launched in April this year, DIT works with local partners through the High Potential Opportunities programme to identify emerging clusters, sub-sectors, supply chain gaps or other strategic opportunities that have the greatest potential to deliver economic benefits – across the whole of the UK. This includes local communities and small towns. The Department’s FDI strategy focuses on delivering new ways to target support for those FDI projects that create the most value for investors and the national wealth.</p><p> </p> answering member printed Baroness Fairhead question first answered 12/12/2018 12:38:16 answering member 4690 label Biography information for Baroness Fairhead
tabling member	1796 label Biography information for Lord Taylor of Warwick

909200

registered interest
date	21/05/2018
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 trends of UK inward and outward direct foreign investment between 2016 and 2017.
tabling member constituency	Bradford South
tabling member printed	Judith Cummins
uin	146272
answer	answer is ministerial correction date of answer 24/05/2018 answer text <p>2016/17 was a record year for FDI projects coming into the UK. There was also an increase in inward FDI stock from 2016 to 2017 (OECD, FDI in Figures 2018). Both of these indicators demonstrate the attractiveness and stability of the investment environment in the UK.</p><p> </p><p>UK outward FDI was £37 billion in 2016 (ONS), it is estimated that this has increased to £78 billion in 2017 (UNCTAD provisional estimate).</p><p> </p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 24/05/2018 16:41:38 answering member 1482 label Biography information for Graham Stuart
tabling member	4391 label Biography information for Judith Cummins

890468

registered interest
date	24/04/2018
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 attract foreign direct investment to the UK; and if he will make a statement.
tabling member constituency	North Swindon
tabling member printed	Justin Tomlinson
uin	137539
answer	answer is ministerial correction date of answer 02/05/2018 answer text <p>The Department for International Trade’s Foreign Direct Investment strategy will ensure Government support is focused where it is most valued by investors and in a way that will maximise wealth creation across the whole of the UK.</p><p> </p><p>We have changed our measure of performance from simply measuring project volumes to measuring economic impact.</p><p> </p><p>Our growing portfolio of ‘High Potential Opportunities’ will promote emerging sector clusters, supply chain gaps and other investment opportunities with high potential to deliver economic benefits across the whole of the UK.</p><p> </p><p>We continue to work closely with Government colleagues strengthening the attractiveness of the UK business environment for foreign investment.</p><p> </p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 02/05/2018 10:09:35 answering member 1482 label Biography information for Graham Stuart
tabling member	4105 label Biography information for Justin Tomlinson

847875

registered interest
date	23/02/2018
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 ensure that the UK remains a competitive destination for foreign firms.
tabling member printed	Lord Taylor of Warwick
uin	HL5852
answer	answer is ministerial correction date of answer 13/03/2018 answer text <p>As part of The Department for International Trade’s lead role on Foreign Direct Investment, next financial year we will deliver a more targeted approach to promotion and investor support through our FDI Strategy. This will ensure Government support is focused where it is most valued by investors – and in a way that will drive wealth creation across the whole of the UK. To do this we will change our measure of performance from the volume of projects to a comprehensive measure of economic impact.</p><p>Alongside this, we will build a portfolio of ‘High Potential Opportunities’ across the UK to promote emerging sector clusters, supply chain gaps and other investment opportunities that have a high potential to deliver economic benefits. We will also continue to work closely with Government colleagues to deliver the Industrial Strategy and strengthen the attractiveness of the UK business environment for foreign investment.</p> answering member printed Baroness Fairhead question first answered 13/03/2018 17:17:53 answering member 4690 label Biography information for Baroness Fairhead
tabling member	1796 label Biography information for Lord Taylor of Warwick

802199

registered interest
date	06/12/2017
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, how his Department is working with the Department for Business, Energy and Industrial Strategy to attract foreign direct investment into the Industrial Strategy.
tabling member constituency	Brigg and Goole
tabling member printed	Andrew Percy
uin	117886
answer	answer is ministerial correction date of answer 14/12/2017 answer text <p>The Department for International Trade (DIT) leads on Foreign Direct Investment (FDI) policy.</p><p>DIT has been working closely with colleagues in the BEIS Industrial Strategy team, to ensure the closest possible alignment of activity to support the Strategy’s initiatives around growing clusters and sectors, and the promotion of FDI through DIT’s FDI strategy.</p><p>This will deliver a more targeted approach to promotion and investor support, and better address market failures to maximise wealth creation across the UK. From April 2018, we will change our measure of performance from the volume of projects landed to a comprehensive measure of economic impact.</p><p>Alongside this DIT will work with local partners to identify High Potential Opportunities that are currently overlooked, misunderstood, or underestimated, and therefore not achieving their full potential. Targeted promotion and support around these opportunities will help to address the market failures that leave these places at a disadvantage, by presenting investors with a more complete picture of supply.</p> answering member constituency Wyre Forest answering member printed Mark Garnier question first answered 14/12/2017 13:10:24 answering member 4074 label Biography information for Mark Garnier
tabling member	3939 label Biography information for Andrew Percy

778138

registered interest
date	26/10/2017
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 recent estimate his Department has made of trends in the level of foreign direct investment into the licensed hospitality industry in the UK.
tabling member constituency	North Swindon
tabling member printed	Justin Tomlinson
uin	109818
answer	answer is ministerial correction date of answer 03/11/2017 answer text <p>Neither the Department for International Trade (DIT) nor the Office for National Statistics (ONS) breaks down the level of foreign direct investment into the licensed hospitality industry.</p> answering member constituency Wyre Forest answering member printed Mark Garnier question first answered 03/11/2017 12:23:57 answering member 4074 label Biography information for Mark Garnier
tabling member	4105 label Biography information for Justin Tomlinson