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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

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

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