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1204204
registered interest false more like this
date remove maximum value filtermore like thismore than 2020-06-16
answering body
Department for International Trade more like this
answering dept id 202 more like this
answering dept short name International Trade more like this
answering dept sort name International Trade more like this
hansard heading Foreign Investment in UK remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what assessment they have made of the most recent inward investment statistics. more like this
tabling member printed
Baroness Ritchie of Downpatrick more like this
uin HL5803 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2020-06-23more like thismore than 2020-06-23
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 more like this
question first answered
less than 2020-06-23T13:59:41.2Zmore like thismore than 2020-06-23T13:59:41.2Z
answering member
4876
label Biography information for Lord Grimstone of Boscobel more like this
tabling member
4130
label Biography information for Baroness Ritchie of Downpatrick more like this