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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

1064085

registered interest
date	19/02/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Foreign Investment in UK
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent steps he has taken to increase the level of Foreign Direct Investment into the UK.
tabling member constituency	Windsor
tabling member printed	Adam Afriyie
uin	223496
answer	answer is ministerial correction date of answer 26/02/2019 answer text <p>Since 2010 we have significantly lowered the headline rate of Corporation Tax from 28% down to 19% today – the lowest in the G20, with further cuts to 17% legislated by 2020.</p><p> </p><p>We have also created a world-leading offer on creative sector tax reliefs, given significant support for R&amp;D investment through the tax system, and introduced the Patent Box regime to attract international investment in intellectual property to the UK.</p><p> </p><p>These steps have helped to create a highly competitive and FDI-friendly business environment.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 26/02/2019 15:18:46 answering member 4320 label Biography information for Robert Jenrick
tabling member	1586 label Biography information for Adam Afriyie

1045464

registered interest
date	21/01/2019
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
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 assessment they have made of the impact of Brexit uncertainty on takeovers of UK companies by international investors.
tabling member printed	Lord Taylor of Warwick
uin	HL13000
answer	answer is ministerial correction date of answer 04/02/2019 answer text <p>The United Kingdom has a global reputation as a good place to do business. A new business starts up every 75 seconds, and we are home to five of the top 10 fastest-growing businesses in Europe. The OECD ranks us as one of the best places to start and grow a business; we have the most competitive tax rates and we are welcoming to global talent and disruptive start-ups. As of 2017, the United Kingdom had the third highest inward FDI stock in the world ($1.6 trillion). Our Industrial Strategy aims to make Britain the best place to start and grow a business. We will drive productivity in businesses of all sizes by increasing collaboration, building skills and ensuring everyone has the opportunity of good work and high-paying jobs. We will create a business environment equipped for the challenges and opportunities of new technologies and ways of doing business. The UK remains open for business.</p> answering member printed Lord Henley question first answered 04/02/2019 13:22:25 answering member 2616 label Biography information for Lord Henley
tabling member	1796 label Biography information for Lord Taylor of Warwick

1023303

registered interest
date	11/12/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Foreign Investment in UK
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what proportion of Foreign Direct Investment in the UK in 2017-18 was represented by (a) acquisitions, mergers and joint ventures and (b) new investments or expansions.
tabling member constituency	Birmingham, Hodge Hill
tabling member printed	Liam Byrne
uin	201143
answer	answer is ministerial correction date of answer 19/12/2018 answer text <p>The proportion of Foreign Direct Investment (FDI) attributable to merger and acquisition (M&amp;A) activity can vary substantially from year to year. For instance, almost all of the inward FDI flows in 2016 can be attributed to a small number of high value deals. In 2017, the ONS recorded that 23.8% of FDI flows into the UK were due to mergers and acquisitions (net of disposals). The remainder can include acquisition of equity (share ownership), reinvested earnings and inter-company loans. However, we cannot ascertain how much new investment or expansions contributed to this remainder.</p> answering member constituency Salisbury answering member printed John Glen question first answered 19/12/2018 15:50:13 answering member 4051 label Biography information for John Glen
tabling member	1171 label Biography information for Liam Byrne

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

1008452

registered interest
date	16/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Foreign Investment in UK
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the level of foreign direct investment was in the 12 months from July 2017.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	192101
answer	answer is ministerial correction date of answer 21/11/2018 answer text <p>The latest ONS Balance of Payments data shows that in the year to 2018 Q2, foreign direct investment flows (net incurrence of liabilities) into the UK measured £58.1bn.</p> answering member constituency Salisbury answering member printed John Glen question first answered 21/11/2018 14:35:28 answering member 4051 label Biography information for John Glen
tabling member	1409 label Biography information for Mr Gregory Campbell

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

890469

registered interest
date	24/04/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Foreign Investment in UK
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how much and what proportion of foreign direct investment in the UK in 2017 came from (a) acquisitions, mergers and joint-ventures, (b) new investments and (c) expansions of existing investments.
tabling member constituency	North Swindon
tabling member printed	Justin Tomlinson
uin	137540
answer	answer is ministerial correction date of answer 02/05/2018 answer text <p>Data on the proportions of foreign direct investment (FDI) by acquisitions, mergers and joint-ventures, new investments and expansions of existing investments in 2017, is not yet available. The annual release containing this information will be published in December 2018.</p><p> </p><p>The stock of foreign direct investment in the UK increased to £1.6 trillion in 2017, a further 0.7% increase in addition to the record high FDI inflows in 2016.</p> answering member constituency Salisbury answering member printed John Glen question first answered 02/05/2018 14:56:39 answering member 4051 label Biography information for John Glen
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