Show Search Form

Search Results

registered interest	true false
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 true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

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